![]() As businesses and consumers shift to the cloud, we believe our cloud services will increasingly become a foundational element of their overall technology stack. Backblaze launched 6.25M shares of Class A common stock IPO expected to be priced between 15 and 17 per share shares are expected to trade on Nasdaq under the symbol, 'BLZE'.Underwriters. If you have questions on the offering, please contact a Backblaze Inc. Directed Share Program representative at 80. These customers use the Backblaze Storage Cloud platform across more than 175 countries to grow and protect their business data on our approximately 2 exabytes, or 2 trillion megabytes, of data storage under management. Reuters reported in November that Backblaze was seeking to hire investment banks for a 2021 IPO that could value it at around 1 billion. Backblaze (NASDAQ: BLZE) fired up investors for the fourth straight session on Tuesday, with the cloud-storage firm’s stock rising 23.5 on the day and closing almost 100 above a 16 IPO price set just last Thursday. With the help of Backblaze’s technology, the stock market is set to become even more efficient, reliable, and cost-effective. Backblaze shares climbed 24 in their debut on Thursday and another 12 on Friday, lifting the price to 22.31 and giving the company a market cap of around 650 million. Referrals from our community of brand advocates, combined with our highly efficient and primarily self-serve customer acquisition model and an ecosystem of thousands of partners, have allowed us to attract over 480,000 customers. CLOUD BACKBLAZE THURSDAY 100M IPO 650MNOVETCNBC This, in turn, will lead to a more vibrant and liquid stock market, making it even more attractive to traders and investors alike. With this move, the company has become the latest cloud storage provider to enter the stock market as it looks to take advantage of the growing demand for cloud services. Through our blog and culture of transparency, we have built a devoted community of millions of readers and brand advocates. Last Thursday, Cloud Backblaze Thursday 100M IPO 650MNovetCNBC filed for an IPO that is said to be worth up to 650 million. By substantially reducing the complexity and frustration of storing, using, and protecting data, we empower customers to focus on their core business operations. This gives the company a market cap of 671 million. ![]() From genome sequencing to mapping the world, from saving lives to playing online games, from interacting with a business to running one, data is central to modern existence. The company will list its stock on the Nasdaq under the symbol BLZE, according to a filing. We provide these cloud services through a purpose-built, web-scale software infrastructure built on commodity hardware. We are a leading storage cloud platform, providing businesses and consumers cloud services to store, use, and protect their data in an easy and affordable manner. Backblaze thursday friday 100m ipo 650mnovetcnbc 0 Comments In May 2020, Backblaze released an Amazon S3-compatible API, allowing customers to use existing tools and applications with B2 Cloud Storage without rewriting them.
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