AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Cloud backblaze thursday friday ipo11/1/2022 ![]() ![]() Oppenheimer & Co./ William Blair/ Raymond James 10, 2021, at $16 – the mid-point of its $15-to-$16 price range – on 6.25 million shares, the same number of shares in the prospectus, to raise $100 million.) Today, our solutions are differentiated by their ease of use and affordability. Over the following years, we focused relentlessly on cutting away the complexity common among diversified cloud vendors’ services and legacy on-premises system vendors. As businesses and consumers shift to the cloud, we believe our cloud services will increasingly become a foundational element of their overall technology stack.Īt its founding, Backblaze set out to simplify the process of storing, using, and protecting data. 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. 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. By substantially reducing the complexity and frustration of storing, using, and protecting data, we empower customers to focus on their core business operations. 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. It reported a 2.4 million loss in its second quarter, on 16. 30 from an original asking price of 18 Join our VIP Community NOW - For only 1 Current Price: 160 On average, Wall Street analysts predict On its first day, the IPO went up by 90 at a point Today, it’s on a 360m run rate, primarily from affiliate revenue Today, it’s on a 360m run rate, primarily from affiliate revenue. #Cloud backblaze thursday friday ipo software#We provide these cloud services through a purpose-built, web-scale software infrastructure built on commodity hardware. In its S-1, Backblaze said it has about 500,000 customers worldwide and about 65 million in annual recurring revenue. Seeking Alpha contributor The Value Investor does a deep dive into BLZE here.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. ![]() initial public offering (IPO) on Monday, cashing in on growing demand for cloud computing from businesses. Shares have risen 10% to 20% or more in each the company’s first four sessions. Oct 18 (Reuters) - Cloud storage provider Backblaze Inc filed for a U.S. BLZE saw its stock rally 24.4% in its first session to close at $19.90, and the stock’s price has only stoked higher from there. First off, the company plans to list shares of BLZE stock on the Nasdaq Exchange.
0 Comments
Read More
Leave a Reply. |