About Wasabi
Wasabi is a Technology company based in Boston (United States) founded in 2015 by Jeff Flowers and David Friend. Scalable cloud storage solutions are provided for business data management. Wasabi has raised $484.43 million across 17 funding rounds from investors including Pure Storage, Fidelity Investments and Western Digital. The company has 589 employees. Wasabi has completed 1 acquisition, including Curio. Wasabi was last valued at $1.8 billion in January 2026. Its chief executive, as recorded, is David Friend. Its website wasabi.com draws about 341 thousand monthly visits. Wasabi offers products and services including Wasabi Hot Cloud Storage, Wasabi AiR, and Wasabi Surveillance Cloud. Its focus areas include Enterprise Infrastructure, Enterprise Storage and Cloud Storage. Its competitors include Panzura, Internxt and Filecoin; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Total Equity Funding$484.43M (USD)
in 17 rounds
- Latest Funding Round$250M (USD), Conventional Debt
Apr 2026
- InvestorsPure Storage
& 22 more
- Employee Count589
- Investments & Acquisitions
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.
Apps and channels of Wasabi
its YouTube channel Wasabi Cloud has 2.06K subscribers and 30 videos.
Videos from Wasabi
The most watched videos on Wasabi's YouTube channel, Wasabi Cloud (2.06K subscribers). Click a video to play it here.
More on Wasabi Cloud.
Funding Insights of Wasabi
Wasabi has successfully raised a total of $484.43M across 17 strategic funding rounds. The most recent funding activity was a Conventional Debt round of $250 million completed in April 2026. 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.
- Total Funding $484.43M
- Total Rounds 17
- Last Round Conventional Debt — $250M
- First Round $1.94M
(May 2016)
- Investors Count 23
Latest 10 of 17 funding rounds of Wasabi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2026 | $250M | Debt – Conventional | – | – | Bain Capital Private Credit,Energy Impact Partners |
| Sep 2025 | $32.5M | Series E | – | – | – |
| Dec 2022 | $15M | Series D | – | Azura, SIS Global | |
| Sep 2022 | $125M | Debt – Conventional | – | – | |
| Sep 2022 | $125M | Series D | $1.1B | L2 Point | |
| May 2021 | $25M | Series C | – | Prosperity7 Ventures | |
| Apr 2021 | $112M | Series C | – | Fidelity Investments | |
| Jan 2021 | $27.5M | Debt – Conventional | – | – | |
| Jan 2021 | $31.23M | Series B | – | – | – |
| May 2020 | $30M | Series B | – | Forestay Capital | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2022 | $1.1B | •••••••• |
Last known valuation $1.8B (Jan 2026). 23 investors in total: 22 institutional and 1 angel.
Investors in Wasabi
Wasabi has secured backing from 23 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Pure Storage, Fidelity Investments and Western Digital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on enterprise tech, fintech, deep tech, AI, B2B, B2C, and medtech companies | prosperity7vc.com | Dhahran, Saudi Arabia | ||
Senior secured loans are provided to lower middle-market companies. | 2014 | mgginv.com | New York, United States | |
Late-stage businesses are invested in by this private equity fund. | 2019 | l2-point.com | San Francisco, United States | |
Venture capital firm focused on tech, enterprise SaaS, and B2B sectors | forestay.vc | London, United Kingdom | ||
Tech-focused Venture debt firm providing debt finacing in the US and Europe | 1986 | northatlanticcapital.com | Portland, United States | |
Venture capital is invested in software and data-driven startups. | forestaycapital.com | Geneva, Switzerland | ||
NTT Group backed venture capital fund | nttdocomo-v.com | Minato, Japan | ||
| dviequitypartners.com | ||||
| brookshillpartners.com | ||||
Venture capital fund focused on growth-stage startups | energyimpactpartners.com | New York, United States |
Investor details for Wasabi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Wasabi
175 people are tracked at Wasabi (54 in leadership, 7 in board & advisors, 114 in team); the tracked headcount is 589.
| Name | Role | Group |
|---|---|---|
Jeff Flowers | Co-Founder & CTO | Leadership |
David Friend | Co-Founder & CEO | Leadership |
Alex Colombo | Senior Director Business Development EMEA | Leadership |
Ian Yeargin | Director, Alliance Partner & Distribution Sales, NA | Leadership |
Chelsea Rodgers | Director, Marketing - Americas | Leadership |
David Ball | Director Of Content And Customer Advocacy | Leadership |
Michael Bayer | EVP And Chief Financial Officer | Leadership |
Lindsey Kenny | Vice President, Finance Operations | Leadership |
Marty Falaro | EVP & Chief Operating Officer At Wasabi Technologies, Inc | Leadership |
Paul Montagna | Vice President, Corporate Controller | Leadership |
Marcos Bento | Director Business Intelligence | Leadership |
Joe Joyce | OEM Sales Director | Leadership |
Lindsay Daly | Director of Corporate Communications | Leadership |
Teguh Hendrianto | Technical Partner Manager SEA | Leadership |
Vilas Belagodu | Vice President Of Partner & Product Management | Leadership |
Sattwik Gavli | Senior Director, Product Management- Cloud Data | Leadership |
Ryan Ripa | Director Of Product Management | Leadership |
Chizuru Tominaga | APAC Marketing Director | Leadership |
Peter Brinkman | Head Of Marketing, Australia & New Zealand | Leadership |
Scott Udell | Director of Business Development | Leadership |
155 more people are available in the full profile.
Complete people profiles for Wasabi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Wasabi
Wasabi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Curio.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Curated multi-category news is provided through an online platform. | curio.io | London, United Kingdom | 2016 | Jan 2024 | •••• |
Complete acquisition details for Wasabi
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Wasabi
5 dated milestones of Wasabi across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Wasabi is founded.
- Funding First funding round of $1.9M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Curio.
- Funding Latest funding round, Conventional Debt, of $250.0M.
Competitors of Wasabi
Wasabi has 3 listed competitors in our database, 3 of them funded. They include Panzura, Internxt and Filecoin.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| panzura.com | 2008 | Campbell, United States | $168.03M | 107 | Cloud-based network attached storage is provided for global file management. | |
| internxt.com | 2017 | Santa Monica, United States | $8.46M | Decentralized cloud storage platform is provided with smart contract security. | ||
| filecoin.io | 2014 | San Francisco, United States | $120,000 | 61 | Decentralized storage networks are provided for enterprise file solutions. |
Detailed competitors of Wasabi
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Wasabi
The website of Wasabi (wasabi.com) receives about 341.2K visits a month.
- Monthly visits341.2K
▲ 3.4% vs previous month
Websites whose visitors overlap most with Wasabi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| xanga.com | 100% | 28.3K | #804,070 | View details | |
| sync.com | 92% | 1.4M | #36,753 | View details | |
kellerschroeder.com | kellerschroeder.com | 91% | #3,074,557 | – | |
| trusted.de | 91% | 162.2K | #288,456 | View details | |
| lightyear.ai | 90% | 92.4K | #446,934 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Wasabi
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- 40 similar websites
- Audience overlap
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Top companies in Enterprise Storage
3 companies that operate in the same segment as Wasabi (Enterprise Storage) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based integrated application development platform | 2011 | New York, New York, United States | USD 173.73 M | USD 901.43 M | 2,498 | |
Provider of data storage platforms and subscription services | 2009 | Mountain View, California, United States | USD 528.51 M | USD 3.17 B | 4,789 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 |
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Related news about Wasabi
Complete news archive for Wasabi
Full article history, source details, and older brand coverage require an active premium plan.
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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 CEO of Wasabi, as recorded in our data. They have also founded this company.
Wasabi is a funded company, having raised a total of $484.43M across 17 funding rounds to date. The company's 1st funding round was a Series B of $30M, raised on May 2016.
Wasabi has 589 employees.
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 23 investors. Key investors include Pure Storage, Fidelity Investments, Western Digital, European Union, and North Atlantic Capital.
The valuation of Wasabi is $1.8B as of Jan 2026.
The website of Wasabi receives about 341 thousand visits a month.