![]() ![]() That includes what has Altimeter Growth (NASDAQ: AGC) falling, what to know about Hedera Hashgraph (CCC: HBAR-USD), as well as the news sending Lordstown Motors (NASDAQ: RIDE) stock higher. InvestorPlace has all the latest stock newsthat traders need to know about today. ![]() There’s plenty more news worth diving into below! They are also all still together working at Backblaze.During that time, they launched two other companies. Cloud backblaze nasdaq ipo 650mnovetcnbc full Annual 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.These co-founders had been working together for 20 years before creating Backblaze.Backblaze shares climbed 24 in their debut on Thursday and another 12 on Friday, lifting the price to 22.31 and giving the company a market cap of around 650 million. The company was created by seven co-founders that built their own storage solutions. The IPO plan coincides with the COVID-19 pandemic driving more businesses to operate digitally and rely on cloud computing for more of their workflow.The company currently has about 500,000 customers across more than 175 countries.Users can also make use of the company’s services to host content, manage media, build apps, and more.Backblaze is a cloud storage company that makes it easy for users to save their data.I hope that you find this article informative and helpful. ![]() I will also be providing my own analysis and opinion on the matter. In this article, I will be discussing the company’s recent IPO and what it means for the future of the company.
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