Tech

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)




Jordan Novet / CNBC:

Cloud backup service Backblaze climbed 24% in its Nasdaq debut on Thursday and 12% on Friday, after elevating $100M in its IPO, giving it a market cap of ~$650M  —  – Backblaze went public this week after producing simply $16 million in income within the second quarter.





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