Cloud backup service Backblaze climbed 24% in its Nasdaq debut on Thursday and 12% on Friday, after raising 0M in its IPO, giving it a market cap of ~0M (Jordan Novet/CNBC)

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.

Source From techmeme
Author: