Backblaze states that it is a leading storage cloud platform, providing businesses and consumers cloud services to store, use, and protect their data. In the cloud storage space, it competes with the likes of Inc’s Amazon Web Services, although Backblaze targets smaller companies. Still, other could based services such as Sage have seen increased demand over 2021.Ĭurrently, BLZE stock is showing a daily gain of 5.56%, losing some premarket momentum but still adding another consecutive day of gains. OctoBackblaze, a storage cloud platform, filed on Monday with the SEC to raise up to 100 million in an initial public offering. Backblaze goes public, raises 100M - The Good Guys at Backblaze finally decided to test the IPO waters, looking for a little capital to expand their.
Heres what you need to know: Who: Zendesk, founded in 2007, sells whats known as software-as-a-service. Blaze stock seems to be set to continue how it has been with consecutive days of solid gains, bulls are active and are continuing to drive the fledgling stock, bringing the entirety of cloud-based stock with it.Īn alluring company in a thriving sector, Blaze riled up investors from the get-go – reinvigorating the cloud sector as an investment space set to balloon with global digitalization, yet many argue that the realms of the metaverse and increasing blockchain technology are the encroaching big-brother – set to displace the promise of cloud technology. Zendesk, a San Francisco cloud computing customer service company, is expected to make its much-anticipated New York Stock Exchange debut on Thursday. Cloud storage service Dropbox made its debut on Nasdaq on Friday, trading at an estimate-beating. The stock has surged almost 70% since the IPO on the 11th of November, smashing the $16 IPO target set on Thursday last week, with the price now pushing towards the $34.00 level. Will Dropboxs Post-IPO Growth Cost Its Consumer Users.
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