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Cloud backup service Backblaze climbed 24% in its Nasdaq debut on Thursday and 12% on Friday, after raising $100M in its IPO, giving it a market cap of ~$650M (Jordan Novet/CNBC)
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Jordan Novet / CNBC:
Cloud backup service Backblaze climbed 24% in its Nasdaq debut on Thursday and 12% on Friday, after raising $100M in its IPO, giving it a market cap of ~$650M — – Backblaze went public this week after generating just $16 million in revenue in the second quarter.
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