Backblaze surges on cloud storage deal with CoreWeave

Backblaze

23/06/2026 13:45

** Backblaze BLZE.O shares rise 18.2% to $9.60 premarket
** The cloud storage firm signs a five-year, $335 mln agreement with neocloud firm CoreWeave CRWV.O 
** BLZE will provide storage capacity that supports parts of CRWV's managed storage infrastructure
** CRWV customers gain access to new service tiers without any code modifications
** Up to last close, BLZE has risen 74.3% so far this year

 (Reporting by Anhata Rooprai in Bengaluru)
 ((Anhata.Rooprai@thomsonreuters.com))