CLOUD BACKBLAZE FRIDAY 100M IPO SERIES
So in part three of this series on the future of technology and disaster response, we’re going to analyze the changing nature of bandwidth and connectivity and how they intersect with emergencies, taking a look at how telcos are creating resilience in their networks while defending against climate change, how first responders are integrating connectivity into their operations, and finally, exploring how new technologies like 5G and satellite internet will affect these critical activities. While the sales cycles might be arduous as we learned in part one and the data trickles have finally turned to streams in part two, the reality is that none of that matters if there isn’t connectivity to begin with. Today though, the highest priority is by necessity internet access, not just for citizens, but increasingly for the on-the-ground first responders who need bandwidth to protect themselves, keep abreast of their mission objectives, and have real-time ground truth on where dangers lurk and where help is needed. In decades past, the singular focus could be roughly summarized as rescue and mitigation - save who you can while trying to limit the scale of destruction. So when it comes to disaster response, the world has dramatically changed. Hospitals, law enforcement, the government, every corporation - the entire spectrum of human institutions that constitute civilization now deeply rely on connectivity to function.
Outages aren’t just missing a must-watch TikTok clip. Those fears of downtime are not just science fiction anymore. PST, Wednesday, and Friday at 6:00 AM PST, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts! Author jgleba Posted on Categories apollo, AT&T, crypto, Cryptocurrency, Elon Musk, equity, Equity Monday, Houm, India, Moglix, pine labs, real estate, San Francisco, Sequoia, TC, twitter, verizon, vise, Y Combinator When the Earth is gone, at least the internet will still be working Extra Crunch Live this week is Shaun Maguire (Sequoia) + Samir Vasavada (Vise) on Wednesday, May 19th, at 11:30AM PST / 2:30PM EST.Įquity drops every Monday at 7:00 a.m.From the early-stage front, two rounds this morning for your pleasure: Telda’s super-cool pre-seed round, and recent Y Combinator-grad Houm’s latest investment, which explains why the accelerator program is still so popular.We also chatted about two Indian mega-rounds: Pine Labs raising $285 million and Moglix raising $120 million.Just like Verizon did by selling TechCrunch and family to Apollo.
CLOUD BACKBLAZE FRIDAY 100M IPO TV
Almost half a million customersįounded in 2007, Backblaze has almost 500,000 customers worldwide. Our mission is to make storing, using, and protecting that data astonishingly easy,” San Mateo, California-based Backblaze said in the preliminary IPO filing. “Data is the digital world’s most precious resource.
Read more: Google to lower fees for its cloud serviceĬloud storage company Backblaze plans to list on the NASDAQ under the ticker BLZE, raising an initial amount of $100m (£75.5m), according to a recent filing.Īs the IPO paperwork is still at the preliminary stage, the figure of $100m is a placeholder amount that is likely to be revised as lead underwriters Oppenheimer & Co, William Blair and Raymond James get a better idea of investor demand and an eventual IPO price range and number of shares is set.US30 US Wall Street 30 (USA 30, Dow Jones)
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