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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 November 22, 2024, subject to customary closing conditions. In addition, Backblaze has granted the underwriters a 30-day option to purchase...

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 additional $4,500,000 of shares of Common Stock from Backblaze at the public offering price less the underwriting discount. The offering...

SAN MATEO, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, and Opti9, an international leader in hybrid cloud solutions, today announced a partnership to bring the performance of Backblaze B2 Cloud Storage to Opti9’s suite of managed service offerings and solutions. As part of the partnership, Backblaze announced plans to open a new data region in Canada. Opti9 will be the...

SAN MATEO, Calif., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, will report financial results for its third quarter ending September 30, 2024 on Thursday, November 7, 2024 after market close. Following the release of results, Backblaze will host a conference call and webcast at 1:30 p.m. PT (4:30 p.m. ET) on November 7, 2024 to discuss the results. Attend t he we bcast :...

SAN MATEO, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced that Dave Cotten and Teresa Dodson joined the company’s sales leadership team. “Adding these seasoned, senior-level sales leaders reinforces our commitment to delivering open cloud solutions that allow our customers to do more with their data,” said Jason Wakeam, Chief Revenue Officer at Backblaze....

SAN MATEO, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator delivering a modern alternative to traditional cloud providers, today announced results for its second quarter ended June 30, 2024. “Q2 marked another strong growth quarter for Backblaze, along with efficient execution driving continued margin expansion and momentum moving up-market,” said Gleb Budman, CEO of Backblaze. “We continued our recent string of innovations with the...

SAN MATEO, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced Marc Suidan is joining the company as Chief Financial Officer (CFO), effective August 16, 2024. “I am excited to welcome Marc as our Chief Financial Officer,” said Gleb Budman, Backblaze CEO and Chairperson of the Board. “He has deep knowledge and experience strategically guiding companies through...

SAN MATEO, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced the appointment of Jason Wakeam as the company’s first Chief Revenue Officer (CRO). An industry veteran with nearly three decades of global leadership experience, Wakeam brings a proven track record of driving growth and innovation at technology companies. Wakeam previously served as a vice president of...

SAN MATEO, Calif., July 18, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, will report financial results for its second quarter ending June 30, 2024 on Thursday, August 8, 2024 after market close. Following the release of results, Backblaze will host a conference call and webcast at 1:30 p.m. PT (4:30 p.m. ET) on August 8, 2024 to discuss the results. Attend t he we bcast :...

SAN MATEO, Calif., June 27, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator delivering a modern alternative to traditional cloud providers, is set to join the broad-market Russell 3000 ® and small-cap Russell 2000 ® Indexes in connection with the Russell U.S. Indexes annual reconstitution, effective Monday, July 1, 2024. “Our inclusion in the Russell Indexes represents another milestone in the company’s growth trajectory,” said Gleb Budman, CEO of...

SAN MATEO, Calif., June 13, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced a new partnership with Active Cyber Insurance provider Coalition to help businesses proactively reduce their cyber risk. The partnership provides Coalition’s customers with direct access to Backblaze Computer Backup, an enterprise-grade, unlimited, and automatic endpoint backup solution, via the Coalition...

SAN MATEO, Calif., June 06, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the leading specialized storage cloud, today announced the launch of Backblaze B2 Live Read. The offering gives customers, particularly media production teams working on live events, the ability to access, edit, and transform content while it is still being uploaded into B2 Cloud Storage, resulting in significantly faster and more efficient workflows. This patent-pending innovation is a brand new type of service...

SAN MATEO, Calif., May 16, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the leading specialized storage cloud, today announced it has joined Internet2 , a non-profit advanced technology community that delivers tailored solutions and a high-speed national network dedicated to research and education. This new collaboration includes: Connecting the Backblaze Storage Cloud to Internet2's network as part of the Internet2 Peer Exchange (I2PX) program. Participating in the Internet2 Cloud...

SAN MATEO, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the leading specialized storage cloud, today announced participation in the following investor conference: Needham Technology, Media, & Consumer Conference, New York, NY. Gleb Budman , founder and CEO at Backblaze, is presenting on Wednesday, May 15, 2024, at 10:15 a.m. ET. The presentation will be webcast. Link to the live and archive webcast will be available on Backblaze’s investor relations website at...

SAN MATEO, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), a leading specialized storage cloud platform, today announced results for its first quarter ended March 31, 2024. “We had a record start to 2024, with dramatically improved financial metrics year over year including Q1 revenue growth of 28% compared to 20%, and adjusted EBITDA margin of 6% versus -12%,” said Gleb Budman, CEO of Backblaze. “Additionally, we continued to deliver innovative products with the...

SAN MATEO, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the leading specialized cloud storage platform, will report financial results for its first quarter ending March 31, 2024 on Wednesday, May 8, 2024 after market close. Following the release of results, Backblaze will host a conference call and webcast at 1:30 p.m. PT (4:30 p.m. ET) on May 8, 2024 to discuss the results. Attend t he we bcast : https://edge.media-server.com/mmc/p/5kr5u64i R egister to listen by...

SAN MATEO, Calif., April 15, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the leading specialized cloud storage platform, announced the launch of Event Notifications, a service that instantly notifies users and external cloud services whenever data changes in Backblaze B2 Cloud Storage. The new release gives businesses the freedom to build automated workloads across the different best-of-breed cloud platforms they use or want to use, saving time and money and improving end user...

SAN MATEO, Calif., April 11, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the leading specialized storage cloud, today announced that it has joined the Trusted Partner Network (TPN), a security initiative wholly owned by the Motion Picture Association (MPA). The move demonstrates Backblaze's commitment to upholding TPN standards and content security best practices, and to serving the enterprise-grade security needs of media and entertainment companies. Content workflows are evolving...

SAN MATEO, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- In booth SL7077 at the 2024 NAB Show, Backblaze Inc. (BLZE), the leading specialized storage cloud, will showcase a range of new features, functionality, and partnerships aimed to help media teams meet the challenges of a rapidly changing technology landscape. The Backblaze team will highlight announcements relating to automating cloud workflows, expanding media archive search functionality with AI, and advancing security standards within the...

SAN MATEO, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the leading specialized storage cloud, today announced it has earned inclusion in StateRAMP’s Progressing Snapshot and the TX-RAMP Provisional programs. These programs standardize security requirements by assessing solutions that serve state and local government and education (SLED) institutions, empowering public institutions to level up their data security with safeguards that meet verified security...