Wasabi Technologies
Financials
Estimates*
USD | 2021 |
---|---|
Revenues | 43.0m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | $8.9m | Series A | |
$10.8m | Series B | ||
N/A | Series B | ||
N/A | Early VC | ||
* | $30.0m | Late VC | |
$27.5m | Debt | ||
$112m | Series C | ||
$25.0m Valuation: $560m | Series C | ||
* | $125m Valuation: $1.1b | Series D | |
* | $125m | Debt | |
* | $15.0m Valuation: $1.1b | Series D | |
Total Funding | $327m |
Recent News about Wasabi Technologies
EditWasabi.com is a cloud storage service provider that offers an innovative solution for businesses to store and manage their data. The company operates in the cloud storage market, serving a wide range of clients including businesses of all sizes, Managed Service Providers (MSPs), and Cloud Service Providers (CSPs).
Wasabi's primary offering is the Wasabi Surveillance Cloud, a hybrid cloud storage solution that allows businesses to extend the capacity of their on-premises video surveillance management systems (VMS). This solution eliminates the need for expensive upgrades and offers unlimited, secure, and affordable storage.
The company's business model is based on providing data storage at a fraction of the cost of other providers. Wasabi's cloud storage is 1/5 the cost of AWS S3 and offers faster speeds. The company charges a single price with no hidden fees, making it an attractive option for businesses looking to migrate their data to the cloud.
Wasabi also offers an opportunity for MSPs and CSPs to increase their margins by selling Wasabi's hot cloud storage solutions. This not only benefits the providers but also saves their customers money.
In addition to its cost-effective and high-speed storage solutions, Wasabi's cloud storage is 100% compatible with AWS S3 and IAM APIs. This makes it an ideal addition to any multi-cloud strategy or as a drop-in replacement for any cloud-based storage solution.
Keywords: Cloud Storage, Data Management, Hybrid Cloud, Affordable Storage, Fast Speed, No Hidden Fees, AWS S3 Compatible, MSPs, CSPs, Business Cloud.