Pivotal-Point Tracking Backblaze (BLZE): Specialized Cloud Platform Enters Multi-Million Dollar Storage Agreement with CoreWeave

Backblaze operates a specialized cloud platform that offers efficient data and backup solutions. The company manages storage for over 100,000 business clients. On June 23, 2026, Backblaze entered into a five-year contract worth $335 million with AI cloud specialist CoreWeave. CoreWeave supports nine of the ten leading AI model developers. In the first quarter, revenue already increased by 12% to $38.7 million, with the core segment B2 Cloud Storage growing by 24%. The annual forecast has been raised to up to $163.5 million. The company is massively...