Wasabi Technologies

Wasabi is a hot cloud storage company that provides simple, predictable and affordable hot cloud storage for businesses all over the world.

Wasabi Hot Cloud Storage is enterprise class, tier-free, instantly available and allows you to store an infinite amount of data affordably.

Wasabi was founded in 2017 by David Friend and Jeff Flowers. The company is headquartered in Boston, Massachusetts.

Wasabi enables organizations to store and instantly access an infinite amount of data, tier-free and at 1/5th the price of competitors. 

Wasabi changed the cloud storage landscape forever by introducing Hot Cloud Storage, a disruptively simple, one size fits all cloud storage technology that is 1/5th the price and faster than the competition with no additional hidden fees or API call charges. 


Wasabi is democratizing cloud storage by making storage faster than AWS S3 & more cost effective than Glacier. It has a customer base to nearly 15,000 organizations. Wasabi also grew its channel program to more than 2,300 partners during the program’s first 12 months.


Wasabi is backed by Forestay Capital, NTT DOCOMO Ventures, rocketship.vc, EQx Fund, Howard Cox and others. The company raised $30M in Series B round on May 28, 2020. This brings Wasabi's total funding to $119.7M to date.



  • Year founded: 2017
  • Funding Info: $119.7M over 7 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Boston
  • State: Massachusetts
  • Country: United States
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