By substantially reducing the complexity and frustration of storing, using, and protecting data, we empower customers to focus on their core business operations. Referrals from our community of brand advocates, combined with our highly efficient and primarily self-serve customer acquisition model and an ecosystem of thousands of partners, have allowed us to attract over 480,000 customers. These customers use the Backblaze Storage Cloud platform across more than 175 countries to grow and protect their business data on our approximately 2 exabytes, or 2 trillion megabytes, of data storage under management. As businesses and consumers shift to the cloud, we believe our cloud services will increasingly become a foundational element of their overall technology stack.Īt its founding, Backblaze set out to simplify the process of storing, using, and protecting data. Over the following years, we focused relentlessly on cutting away the complexity common among diversified cloud vendors’ services and legacy on-premises system vendors. The registration statement for the initial public offering of Backblaze Inc.Today, our solutions are differentiated by their ease of use and affordability. Class A common stock has been declared effective by the SEC and the offering is priced at $16.00 with the offering size being 6,250,000 shares. To be eligible for an allocation of shares in this offering, you MUST confirm your indication of interest through the Backblaze Directed Share Program website using the link below or by calling 80 by Midnight ET TONIGHT. If you confirm your indication of interest, but decide that you do not want to purchase the shares, you must withdraw your confirmed indication prior to 7:00 AM ET tomorrow morning.Ĭonfirmed indications are orders to buy shares of Backblaze Class A common stock and may be accepted in whole, or in part, or not at all by Fidelity Brokerage Services LLC. Allocation of shares will occur tomorrow morning by 9:00 AM ET. If you are allocated shares in the offering, you are obligated to pay for the shares in full by the settlement date, which is currently expected to be November 15, 2021. Payment for shares must be made by check, electronic funds transfer or wire. Credit card, third-party checks, cash or using the proceeds from the sale of allocated shares are not acceptable means of payment. If you already have cash in your Fidelity account sufficient to pay for the shares, it will automatically sweep to pay for the shares on settlement. To confirm your indication of interest through the Backblaze DSP website Click Here You will receive an email once shares are allocated, which we expect by 9:00 AM ET tomorrow morning, November 11, 2021. The number of Shares you request must be for your own personal account and not for any other person. There is no assurance you will be able to obtain any or all of the number of Shares you request. If you have questions on the offering, please contact a Backblaze Inc.
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