Wasabi Technologies, Inc.
|Industry||Cloud storage software|
|Founded 📆||June 1, 2017 in Boston, Massachusetts, United States|
|Headquarters 🏙️||, |
Area served 🗺️
|Products 📟||Wasabi Hot Storage|
Number of employees
|Footnotes / references|
Wasabi Technologies, Inc. is an object storage service provider based in the United States. It sells one product, an object storage service called Wasabi Hot Cloud Storage. The company was founded in September, 2015, and launched its cloud storage product in May, 2017.
The company was co-founded by David Friend and Jeff Flowers. Friend, who is CEO of the company, claims that the software "manages how data center hardware stores and organizes information," resulting in high-speed reading and writing of data.
Friend and Flowers were previously co-founders of Carbonite, an on-line backup service, among other companies. The company was initially called "BlueArchive" at its founding, but was later renamed to "Wasabi Technologies, Inc." after hot Japanese horseradish.
On January 30, 2018, Frost & Sullivan gave Wasabi Technologies, Inc, the 2017 North American Technology Innovation Award.
On March 20, 2018, the company announced a satellite-based cloud storage system, collaborating with SpaceBelt to use satellites as data centers. On June 28, 2018, Chris Fenton (former President and General Manager of DMG Entertainment) joined the advisory board.
In October 2018, the company stated that it plans to open its first European data center in the Netherlands.
- May, 2017: Wasabi Technologies, Inc. raised $8.9 million
- August, 2017: Wasabi Technologies, Inc. raised $10.8 million
- September, 2018: Wasabi Technologies, Inc. raised $68 million
- Kepes, Ben. "Wasabi serves up some spicy AWS-killer claims". NetworkWorld. IDG. Retrieved 7 November 2018.
- Cline, Keith. "Wasabi - Taking on the Tech Giants with Hot Storage". Venture Fizz. Venture Fizz. Retrieved 9 February 2018.
- Engel, Jeff. "Friend & Flowers Return With Wasabi, Take on Amazon in "Hot Storage"". Xconomy. Xconomy, Inc.
- "Wasabi - Taking on the Tech Giants with Hot Storage". VentureFizz. 2017-05-02. Retrieved 2018-01-21.
- Lawson, Stephen. "How to size up a new cloud service like low-priced Wasabi". NetworkWorld. IDG. Retrieved 9 February 2018.
- "Wasabi - Simple storage solution". Hacker News. Y Combinator. Retrieved 9 February 2018.
- "Frost & Sullivan Recognizes Wasabi for Its Hot Cloud Storage Solution with 2017 North American Technology Innovation Award". Yahoo! Finance. Yahoo.
- Bray, Hiawatha (19 March 2018). "Data storage beyond the clouds: Wasabi promises a super-secure system in space". The Boston Globe. Retrieved 20 March 2018.
- "Chris Fenton, Former President & GM of DMG, Joins Wasabi Advisory Board". CNBC. NBCUniversal. Retrieved 7 November 2018.
- "Wasabi Technologies Announces Plans to Open Data Centre in Holland". Invest in Holland. Netherlands Foreign Investment Agency. Retrieved 7 November 2018.
- "Wasabi Technologies, Inc | Crunchbase". Crunchbase. Retrieved 2018-01-21.
- Miller, Ron. "Wasabi just landed $68 million to upend cloud storage". TechCrunch. Oath Tech Network. Retrieved 7 November 2018.
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