8/12/2023 0 Comments Backblaze ipo dateSales and Marketing expenses as a percentage of total revenue have risen as revenues have increased, as the figures below indicate: The firm seeks customers primarily through online marketing, social media and word of mouth.īLZE operates a self-serve website that enables users to sign up for a free trial and convert to a paid subscription.Īs of June 30, 2021, the firm had served more than 480,000 customers across over 175 countries. Management is headed by co-founder, Chairperson and CEO Gleb Budman, who has been with the firm since inception and was previously in various senior positions at SonicWall, MailFrontier and Kendara.īelow is a brief overview video of the firm's restore capabilities:īackblaze has received at least $2.8 million in equity investment from investors including TMT Investments, Charles Jones and Kwok Hang Ng. San Mateo, California-based Backblaze was founded to develop a cloud-based SaaS storage service suite for businesses and consumers wishing to easily backup and store their critical data. The firm provides a data storage platform for businesses and consumers worldwide.įor investors seeking access to a growing small cap cloud storage company aimed at the SMB market, the IPO is worth consideration. Blue Planet Studio/iStock via Getty Images A Quick Take On Backblazeīackblaze ( NASDAQ: BLZE) has filed to raise $100 million in an IPO of its Class A common stock, according to an S-1/A registration statement.
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