![]() ![]() Backblaze ( BLZE) 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".At its IPO price range and 28,545,893 shares expected to be outstanding after its IPO, Backblaze is worth 428.2 million to 485.3 million.Underwriters granted 30-days option to purchase up to an additional 937.5K shares at company request, underwriters have reserved up to 312.5K shares or up to 5% of the shares offered. Net proceeds will be ~$89.5M or $103.4M if the underwriters exercise their option to purchase additional shares in full and assuming a mid-point price of $16/share. 2 weeks ago - GlobeNewsWire Backblaze, Inc. (Nasdaq: BLZE), the leading specialized storage cloud platform, will report financial results for its first quarter ending March 3. Cloud backblaze nasdaq ipo 650mnovetcnbc full# SAN MATEO, Calif., Ap(GLOBE NEWSWIRE) - Backblaze, Inc. ![]() While company's total revenue soared 32% Y/Y, B2 cloud storage revenue grew by 66% during the year ended Dec.Blackblaze is a leading storage cloud platform, providing businesses and consumers cloud services to store, use, and protect their data in an easy and affordable manner cloud services through a purpose-built, web-scale software infrastructure built on commodity hardware.Notably the company’s fully diluted valuation is quite. Cloud backblaze nasdaq ipo 650mnovetcnbc full#Īnnual recurring revenue is seen ranging between $69 to $71M representing growth in the range of 25% to 29%.For the three months ended Sep.30, 2021, the company is expected to report revenue in the range of $17 to $17.3M representing Y/Y growth in the range of 23% to 25% net loss is seen ranging between $7.5 to $6.5M compared to a net loss of $1.9M in year ago quarter.It boasts of $65M in ARR with $22M contributed by B2 and $43M by computer backup.31, 2020 and computer backup revenue grew by 23%. ![]()
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