See other companies on Welcome to the Jungle

Wasabi

Cloud storage company

Wasabi logo
201-500 employees
  • B2B
  • Enterprise
  • Big data
  • SaaS
  • Cyber Security
  • Cloud Computing
Prudential / St. Botolph, Boston, MA

Jump to section

Company mission

To store all the world’s data by making data storage simple, affordable, fast and secure.

Our take

The cloud storage revolution is accelerating, and more and more companies want to make use of its services; but for some, the options out there may be unappealingly complex to implement, or simply beyond their financial reach. Wasabi Technologies supplies quick, reliable, and affordable cloud storage, so that more companies can make the most of the cloud.

Wasabi was founded in 2015 in hopes to make cloud data storage cheaper, as well as faster and simpler. The company provides Hot Cloud Storage, a one size fits all storage technology that is significantly cheaper than competitor alternatives. With its solution, users can affordably store near infinite amounts of data in a manner which is simple to access and easy to manage.

Wasabi Technologies has an impressive number of customers and partners globally and has raised substantial funding to Series D. This is being invested into the company’s technological capabilities and an expansion into more vertical markets - notably the APAC regions. The funding will also strengthen Wasabi's channel collaboration, and expand the company's go-to-market team and global brand strategy.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Company values

  • Creativity: Boldly living outside the box with disruptive market innovation and embracing our company’s artistic heritage to do good in the world.
  • Partnership: Recognizing the importance of teamwork to make amazing things happen, both in business and in cause.
  • Performance: Delivering a best-in-class experience that will exceed expectations of our customers and those around us, and holding ourselves accountable to that.
  • Simplicity: Focusing on a single solution and doing it better than anyone, removing the complexity, and remaining transparent and authentic in all areas.
  • Stewardship: Being leaders in our community through trust, commitment, communication, and respect for all.

Funding (last 2 of 7 rounds)

Dec 2022

$15m

SERIES D

Sep 2022

$125m

SERIES D

Total funding: $326.7m

Leadership

David Friend

(CEO)

Active investor, and board member at several business. Co-founder and former CEO of Carbonite. Previously co-founded 5 other companies.

Jeff Flowers

(CTO)

Co-founder and former CTO of Carbonite, of Sonexis and of FaxNet. Co-Founder and former CEO of Storiant. Previous experience as VP of Engineering.

Jobs (6)

All locations

Software Engineering

Data

Finance, Legal & Compliance