Wasabi Technologies Closes $250 Million in New Funding to Usher In the Future of Cloud Storage
Summary
BOSTON--(BUSINESS WIRE)--Wasabi Technologies, the hot cloud storage company, today announced it has achieved unicorn status following $250 million in new funding. The companys revenues more than doubled from 2020-2021, and Wasabi now has more than 40,000 customers in over 100 countries, 13,000 partners, 250+ global employees and 13 storage regions across North America, Europe, and Asia Pacific. The new equity will drive expansion into additional vertical markets and geographies, enhance Wasabis channel partnerships, and scale the companys go-to-market team and global brand strategies. Wasabi is used to store data across a wide range of industries, including professional sports, energy and natural resources, finance, surveillance, education, manufacturing, consumer technology, healthcare, scientific research, and media and entertainment.As our data needs continue to evolve, from player analytics, IoT, digital assets and even security, this presents an enormous learning opportunity for the organization, said Brian Shield, senior vice president and CTO of the Boston Red Sox. Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi is a privately held company based in Boston.
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