Amazon cloud storage challenger Backblaze files to go public

Backblaze, a company that backs up data on people’s computers and provides cloud-based storage space that companies use to store and retrieve files, filed to go public on the Nasdaq on Monday. The company intends to have its shares trade under the symbol “BLZE.” It’s not a major cloud company, but Backblaze has managed to expand in the shadow of much larger entities, as more organizations become willing to count on data center equipment they don’t own, in part because they can pay based on how much they use.

Link: Amazon cloud storage challenger Backblaze files to go public
via http://www.cnbc.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: