Wasabi

Steadfast Partners with Wasabi to Deliver a Disruptive Price and Performance Model for Cloud Storage

Ziad2022-11-25T14:00:29-05:00 Steadfast, a leader for over 20 years in complex cloud consulting, engineering, and managed hosting, has partnered with Wasabi® Hot Cloud Storage, to deliver disruptively low cost, fast and reliable cloud storage with no fees for egress or API requests. Read more >>

Wasabi Expands Global Presence, Announces APAC Headquarters in Japan

Ziad2022-11-25T14:00:29-05:00 Wasabi Technologies, the hot cloud storage company, today announced the expansion of its Asia-Pacific presence with the opening of its Japanese headquarters. The headquarters will serve as a base for a variety of countries in the region including Japan, South Korea, Singapore, Malaysia, Australia and New Zealand. In tandem with the new headquarters, Wasabi has appointed Kaz Kuroda Vice President of Asia-Pacific and Managing Director of Japan to lead the office. Read more >>

On a roll: Wasabi gets $25m dollop for cloud storage three weeks after fishing out $122m

Ziad2022-11-25T14:00:29-05:00 Less than a month after pulling in $122m in C-round funding, object storage firm Wasabi has opened its pockets again, taking in an extra $25m from two strategic investors to build out the business. Read more >>

Insider View: Wasabi CEO David Friend talks music, movies and minerals (Video)

Ziad2022-11-25T14:00:30-05:00 Serial entrepreneur and Wasabi CEO David Friend spoke with BBJ Executive Editor about tech, music, movies and minerals, as well as the Steven Spielberg movie that featured his early product, where he rides his bike and swear words in Spanish. Watch now >>

Wasabi Raises Additional $25M in Funding, Led by Prosperity7 Ventures, and Extends Series C to $137M in Financing

Ziad2022-11-25T14:00:30-05:00 Wasabi, the hot cloud storage company, today announced $25 million in additional funding led by Prosperity7 Ventures, the diversified growth fund of Aramco Ventures. Western Digital Capital, the investment arm of storage device manufacturer Western Digital, also participated in the round. This round is an extension of Wasabi’s Series C financing announced in April, expanding the total funding raised for the round to $137 million and the company’s total equity financing to $244 million. Read more >>

Aramco Venture Arm Investing in U.S. Startup Wasabi

Ziad2022-11-25T14:00:30-05:00 The venture capital arm of Saudi Arabia’s state-owned energy producer Aramco is investing in Boston-area cloud-storage startup Wasabi Technologies. One of Aramco’s funds, Prosperity7 Ventures, is contributing to a $25 million follow-on investment, alongside the venture capital arm of disk-drive maker Western Digital Corp., Wasabi Chief Executive Officer David Friend said exclusively in a Bloomberg Radio interview Wednesday. Read more >>

Wasabi CEO sees more debt financing deals ahead for cloud storage business

Ziad2022-11-25T14:02:04-05:00 David Friend, CEO and co-founder of cloud storage provider Wasabi Technologies Inc. said last week's debt raise will finance the construction of three to four more data centers this year, which will be added to the company's current rooster of six data centers across the U.S., Europe and Japan. Read more >>

Form D Friday: Vaccines and cloud storage dominate this week’s fundraising

Ziad2022-11-25T14:02:04-05:00 Form D Friday is a Business Journal feature highlighting regulatory filings from Boston-area companies raising capital for new projects or expanding their businesses. Wasabi on the list. Read more >>

Wasabi Named an Outperformer in GigaOm Radar for Alternatives to Amazon AWS S3

Ziad2022-11-25T14:02:04-05:00 Wasabi, the hot cloud storage company, has been named an “outperformer” in the new report, “GigaOm Radar for Alternatives to Amazon AWS S3.” GigaOm evaluated 11 cloud storage vendors based on common metrics related to Amazon AWS S3 including cost-predictability, performance, multi-cloud environment, and lock-in avoidance. Vendors were then categorized by execution, roadmap, and ability to innovate. Read more >>