If the stock prices at the median of that range, that's a 100,000,000 IPO. This service is offered as a subscription-based Software-as-a-Service (SaaS) and serves use cases, including computer backup, ransomware protection, theft and loss protection, and remote access. Backblaze IPO Details Backblaze will offer 6,250,000 shares at a range of 15 to 17 per share. Backblaze is trading at 4.02 as of the 4th of May 2023, a -1.47 percent decrease since the beginning of the trading day. ![]() Backblaze Computer Backup automatically backs up data from laptops and desktops for businesses and individuals. Its two cloud services on storage cloud include Blackblaze B2 Cloud Storage that enables customers to store data, developers to build applications, and partners to expand their use cases. The Backblaze Storage Cloud organizes, safeguards, and keeps files available on demand. Its software allows customers to focus on their core business operations. Backblaze stock price target cut to 16.50 from 23.00 at B. ![]() The Company provides these cloud services through a purpose-built, Web-scale software infrastructure built on commodity hardware. The initial public offering price is expected to be between 15.00 and 17.00 per share. Backblaze IPO Details Backblaze will offer 6,250,000 shares at a range of 15 to 17 per share. Storage cloud platform, Backblaze (NASDAQ: BLZE) has priced its initial public offering of 6.25M shares of its Class A common stock at 16.00 per share, for gross proceeds to Backblaze of 100M. The Company is focused on providing businesses and consumers cloud services to store, use, and protect their data. The company was incorporated in 2007 and is headquartered in San Mateo, California.Backblaze, Inc. It serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. In addition, the company offers Backblaze Computer Backup that automatically backs up data from laptops and desktops for businesses and individuals, which provides a subscription-based Software-as-a-Service and serves use cases, including computer backup, ransomware protection, theft and loss protection, and remote access. How much money does Backblaze make Backblaze (NASDAQ:BLZE) has a market. This service is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases, such as public, hybrid, and multi-cloud data storage application development and DevOps content delivery and edge computing security and ransomware protection media management backup, archive, and tape replacement repository for analytics, artificial intelligence and machine learning and Internet of Things. One share of BLZE stock can currently be purchased for approximately 3.98. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. ![]() This initial public offering (IPO) will raise to 168 million for Backblaze, valuing the company at over 1 billion. Backblaze CEO Gleb Budman, center, celebrated first day of trading on Nasdaq 6,250,000 shares were sold at 16 per share for the 100 million IPO, in the middle of projected range of between 15 and 17 that gave company a valuation of 583 million. The company will offer up to 8 million shares at an estimated price range of 19 21 per share. 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 Inc., an Oakland, California-based cloud storage company, plans to debut on the Nasdaq stock exchange in June 2021.
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