Backblaze, Inc. (BLZE)

Sector - Technology

IPO Profile

About company

They 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. They provide these cloud services through a purpose-built, web-scale software infrastructure built on commodity hardware. 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. By substantially reducing the complexity and frustration of storing, using, and protecting data, they empower customers to focus on their core business operations. Through their blog and culture of transparency, they have built a devoted community of millions of readers and brand advocates. Referrals from their community of brand advocates, combined with their highly efficient and primarily self-serve customer acquisition model and an ecosystem of thousands of partners, have allowed them to attract over 480,000 customers. These customers use the Backblaze Storage Cloud platform across more than 175 countries to grow and protect their business data on their approximately 2 exabytes, or 2 trillion megabytes, of data storage under management. As businesses and consumers shift to the cloud, they believe their cloud services will increasingly become a foundational element of their overall technology stack.
Industry
Cloud - Data Storage For Businesses
CEO CFO
-
Employees Founded
228 2007

Contacts

Address: 500 Ben Franklin Ct San Mateo, Ca 94401

Telephone: (650) 352-3738

Web page: http://www.backblaze.com

IPO information

First Trade Date 11/11/2021
Status Priced
Exchange NASDAQ
Lockup Period Expiration .Pro
Quiet Period Expiration .Pro
Old Price Range
-
Share prices ($)
15
17
16
0
0
Price Low Price High Priced Open 1st day Close 1st day

Shares & Volumes

Shares Initial (MM) 6.25
Shares Revised (MM) 6.3
Expected offer amount (MM) $100
Realized offer amount(MM) $100.8

Financial Data (last reporting year)

Market Cap (MM) $456.8
Revenues (MM) $59.87
Net Income (Loss) (MM) $-11.38

Voting

What do you think will happen with the GLSI share price after the next 3-6 months? 🔥 (+ 10% or more, flat (+ -10%), -10% or less)

Number of votes:
The lead left underwriter: Oppenheimer & Co.

IPOs led by the firm .Pro
Profitability of conducted IPOs  ?  .Pro
1st day change  ?  .Pro
Change for the first 3 months  ?  .Pro
Underwriters
Oppenheimer & Co./ William Blair/ Raymond James/ JMP Securities/ B. Riley Securities
CO-Managers
Lake Street Capital Markets

Sector: Technology

Tweets about $BLZE