Backblaze Set to Join Russell 3000 and 2000 Indexes

"Our inclusion in the Russell Indexes represents another milestone in the company's growth trajectory," said Gleb Budman, CEO of Backblaze. "We are committed to delivering innovative cloud storage for businesses around the world and increasing shareholder value in this $50 billion market." The Russell Indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to the data as of December 2023, about$10.5 trillion in ...