Backblaze Achieves StateRAMP Progressing Snapshot And TX-RAMP Provisional Authorizations
Portfolio Pulse from Benzinga Newsdesk
Backblaze, Inc. (NASDAQ:BLZE) announced it has earned inclusion in StateRAMP's Progressing Snapshot and the TX-RAMP Provisional programs, standardizing security requirements for SLED institutions. This achievement enhances Backblaze's security profile, making its storage solutions more accessible to a wider public sector, including those in Texas requiring TX-RAMP for procurement.
March 28, 2024 | 1:06 pm
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Backblaze, Inc. (NASDAQ:BLZE) has achieved significant regulatory milestones with StateRAMP and TX-RAMP authorizations, potentially expanding its market in the public sector.
The inclusion in StateRAMP and TX-RAMP programs signifies Backblaze's commitment to high security standards, making its cloud storage solutions more attractive to state and local government and education institutions. This regulatory achievement could lead to increased adoption of Backblaze's services in the public sector, particularly in Texas where TX-RAMP is a procurement requirement, potentially boosting its revenue and market share.
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