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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Wasabi Technologies, Inc., founded in September 2015 by David Friend and Jeff Flowers, is an American company based in Boston, Massachusetts, specializing in object storage services. The company's core mission is to provide affordable, accessible, and efficient data storage solutions. Their flagship product, Wasabi Hot Cloud Storage, launched in May 2017, offers a cost-effective alternative to traditional cloud storage, allowing users to store and access their data without the burden of high costs or complex fee structures.
Notable figures associated with Wasabi Technologies include co-founders David Friend and Jeff Flowers, who have a history of successful tech ventures. The company has attracted significant investment from prominent venture capital firms, bolstering its growth and market presence. Key achievements include substantial cost savings for clients and a growing customer base that values the simplicity and affordability of their storage solutions. Wasabi Technologies has made a significant impact by democratizing data storage, enabling businesses of all sizes to manage their data efficiently.
Operating Status
Active
Ownership Type(s)
Venture Capital, Equity
Main Product(s)
Cloud Storage
Technology
Cloud
Tags
SaaS, Data
Revenue Type(s)
Recurring
Customer Type(s)
Enterprise, Small Business
Geographic Exposure
Global
When was Wasabi Technologies founded?
Wasabi Technologies was founded in 2017.
Where is Wasabi Technologies’s headquarters located?
Wasabi Technologies’s headquarters is located in IPOh, 08, MY.
When was Wasabi Technologies’s last funding round?
Wasabi Technologies’s most recent funding round was for $15M (USD) in December 2022.
How many employees does Wasabi Technologies have?
Wasabi Technologies has 412 employees as of Feb 4, 2024.
How much has Wasabi Technologies raised to-date?
As of July 05, 2023, Wasabi Technologies has raised a total of $549.1M (USD) since Dec 7, 2022.
Add Comparison
Total Raised to Date
$549.1M
USD
Last Update Dec 7, 2022
Last Deal Details
$15M
USD
Dec 7, 2022
Series D
Total Employees Over Time
412
As of Feb 2024
Wasabi Technologies Address
IPOh,
Perak
Malaysia
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts