Backblaze Stock News

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Cloud--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, announces the Winter Release of its B2 Cloud Storage platform. This latest Infrastructure-as-a-Service (IaaS) release includes updates to help larger organizations secure and manage their data workflows. “Our high-perform...

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #BigData--Backblaze, Inc. (Nasdaq: BLZE), today announced the opening of a new data region in Canada. Located in Toronto, Ontario.

I'm reiterating my buy rating on Backblaze, as the company reported an acceleration in revenue growth in Q3. Backblaze has been focused on upgrading its go-to-market process, bringing on a new Chief Revenue Officer to lead its charge upmarket. The company's layoffs of 12% of its headcount have also led to significant adjusted EBITDA margin expansion.

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced that it has granted equity awards on November 29, 2024 as their new hire awards and a material inducement to employment by the Company of its recently hired Chief Financial Officer, Marc Suidan, and Chief Revenue Officer, ...

SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Cloud--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced it will present a game-changing media production acceleration case study with the Philadelphia Eagles at the Sports Video Group (SVG) Summit Cloud Production Workshop on Dec. 16 in New York City. In a sess...

SAN MATEO, Calif.--(BUSINESS WIRE)---- $BLZE #craighallum--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced the underwriters of its recently completed upsized public offering of shares of its Class A common stock (the “Common Stock”), which closed on November 22, 2024, have exercised in full their option t...

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced the pricing of its upsized underwritten public offering of 6,250,000 shares of its Class A common stock (the “Common Stock”) at a price to the public of $5.60 per share. Closing of the offering is expected to occur on Nove...

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced the launch of a proposed follow-on public offering of $30,000,000 of shares of its Class A common stock (the “Common Stock”). In addition, Backblaze expects to grant the underwriters a 30-day option to purchase up to an ad...