About Wasabi
Wasabi is a company based in Boston (United States) founded in 2015 by Jeff Flowers and David Friend. Wasabi has raised $446.93 million across 17 funding rounds from investors including Fidelity Investments, Western Digital and European Union. Wasabi has completed 1 acquisition, including Curio. Wasabi offers products and services including Wasabi Hot Cloud Storage, Wasabi AiR, and Wasabi Surveillance Cloud. Wasabi operates in a competitive market with competitors including Panzura, Internxt, Filecoin, Zadara and Lucidity, among others.
- Headquarter Boston, United States
- Founders Jeff Flowers, David Friend
- Stage Unicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$446.93 M (USD)
in 17 rounds
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Latest Funding Round
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Investors
Fidelity Investments
& 14 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of Wasabi
Wasabi offers a comprehensive portfolio of products and services, including Wasabi Hot Cloud Storage, Wasabi AiR, and Wasabi Surveillance Cloud.
Affordable single-tier object storage for fast data access and management.
Intelligent storage with AI tagging, transcription, and search capabilities.
Extends video management systems with scalable cloud capacity.
People of Wasabi
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Funding Insights of Wasabi
Wasabi has successfully raised a total of $446.93M across 17 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Wasabi
Wasabi has secured backing from 15 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Fidelity Investments, Western Digital and European Union.
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Venture capital fund focused on enterprise tech, fintech, deep tech, AI, B2B, B2C, and medtech companies
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Senior secured loans are provided to lower middle-market companies.
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Late-stage businesses are invested in by this private equity fund.
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Investor details for Wasabi
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Investments & Acquisitions by Wasabi
Wasabi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Curio.
Investment portfolio details for Wasabi
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- Transaction dates
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Curated multi-category news is provided through an online platform.
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Complete acquisition details for Wasabi
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Financial Statements - Wasabi
Detailed financials for Wasabi
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Wasabi Comparisons
Peer comparison for Wasabi
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Competitors of Wasabi
Wasabi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Panzura, Internxt, Filecoin, Zadara and Lucidity, among others.
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Cloud-based network attached storage is provided for global file management.
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Decentralized cloud storage platform is provided with smart contract security.
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Decentralized storage networks are provided for enterprise file solutions.
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Enterprise cloud storage management software provider
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Cloud block storage management is facilitated through an intelligent platform.
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Detailed competitors of Wasabi
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Latest news on Wasabi
Complete news archive for Wasabi
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- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Wasabi
Wasabi was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Wasabi is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
David Friend is the current CEO of Wasabi. They have also founded this company.
Wasabi is a funded company, having raised a total of $446.93M across 17 funding rounds to date.
Wasabi was founded in 2015 and is based in Boston, United States. Operations are conducted in the cloud storage sector, where scalable solutions are offered to businesses for data storage and management. Services include backup and recovery, media workflows, active archiving, and multi-tenant management. The focus remains on facilitating efficient data handling across various enterprise needs.
Wasabi offers Wasabi Hot Cloud Storage, Wasabi AiR, and Wasabi Surveillance Cloud.
Wasabi has made 1 acquisition, including Curio.
Wasabi has 15 investors. Key investors include Fidelity Investments, Western Digital, European Union, North Atlantic Capital, and MGG Investment Group.
The valuation of Wasabi is $1.1B as of Sep 2022.