![]() ![]() ![]() Backblaze, led by co-founder Gleb Budman, started in 2007 selling backup software to consumers and companies, and has since expanded into offering cloud storage services which is now the fastest-growing part of its business. In cloud storage, it competes with the likes of Inc's Amazon Web Services, although Backblaze targets smaller companies.īackblaze said earlier this year it now stores one exabyte of customer data, which is the equivalent of more than 4,000 times the information stored in the U.S. Welcome to my article on backblaze nasdaq thursday 100m ipo 650mnovetcnbc. Library of Congress, according to a 2011 McKinsey study. In this article, I will be discussing the company’s recent IPO and what it means for the future of the company. I will also be providing my own analysis and opinion on the matter. is looking to go public in the US stock markets as demand for cloud computing surged during the COVID-19 pandemic. I hope that you find this article informative and helpful. Cloud-based storage space provider Backblaze, Inc. 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. The IPO plan coincides with the COVID-19 pandemic driving more businesses to operate digitally and rely on cloud computing for more of their workflow. Backblaze raised about 100 million in its IPO, which priced at 16 a share. The global market for cloud storage services is expected to grow from $50.1 billion this year to $137.3 billion by 2025, according to market research firm MarketsandMarkets. Statistics Forecast Dividends Profile Chart 1D 5D 1M YTD 1Y 5Y Max No 1Y chart data available About BLZE Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. Backblaze stock is up 24 on Wednesday and another 12 on Friday, bringing the share price to 22.31 and giving the business a market valuation of over 650. That is in the middle of its projected range of between 15 and 17. Its big stakeholders include TMT Investments. In the cloud storage space, it competes with the likes of Incs Amazon Web Services, although Backblaze targets smaller companies. market for IPOs has been on a tear in 2020, fueled by a buoyant stock market, with more than $65 billion sold in stock, up almost 40% from the total for all of 2019. The cloud storage company has not revealed the price range of the shares, and as per the documents filed with the Securities and Exchange Commission (SEC), Backblaze wants to go public on the Nasdaq Stock Market. ![]() Cloud storage provider Backblaze Inc filed for a U.S. Adobe Premiere Pro CC 2017 v11.0.1 Crack Adobe Premiere Pro CC 2017 v11.0.1 + Crack. NEW YORK, Nov 20 (Reuters) - Backblaze Inc is seeking to hire investment banks for an initial public offering (IPO) in 2021 that could value the cloud storage and backup software provider at. (This story corrects second paragraph to remove "early" before next year. Adobe cc 2017 crack - Search and Download. Download Music, TV Shows, Movies, Anime, Software and. ![]()
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