Wasabi Technologies
Latest round
- Series D
Last raised
- Dec 2022
Total raised
- $373M
Investors
- 10
About Wasabi Technologies
Wasabi Technologies, Inc. was founded in 2017 in Boston, US, and specializes in cloud storage services.Wasabi Technologies specializes in providing a cloud storage platform that emphasizes performance, simplicity, and affordability. The company's primary offering is its single-tier universal cloud object storage, designed to cater to organizations needing reliable and efficient data storage solutions. This service eliminates traditional egress and API request fees, making it attractive for businesses looking to manage large volumes of data without incurring unexpected costs. Wasabi's platform has been adopted by a wide array of customers, including prominent organizations such as the Boston Red Sox, who leverage the service for storing extensive video data and analytics.Wasabi's revenue model is primarily based on a pay-as-you-go pricing structure, allowing clients to pay only for the storage space they utilize. The company caters to various market segments, providing services to businesses ranging from small enterprises to large corporations. Clients typically engage with Wasabi under subscription agreements, choosing from various plans that can include Reserved Capacity Storage for long-term commitments. These agreements allow users to benefit from reduced rates for committing to 1, 3, or 5-year increments. The absence of hidden fees and the straightforward pricing model are key aspects that enhance customer satisfaction and encourage long-term partnerships. The company plans to expand its offerings and is focused on developing new products to enhance its cloud storage capabilities. It is also targeting new geographic markets for expansion, although specific regions have not been disclosed.
Who invested in Wasabi Technologies
10 investors across 7 rounds
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Funding rounds
Series D
Dec 7, 2022
Amount
$15M
Investors
Series D
Sep 9, 2022
Amount
$125M
Investors
Series C
May 20, 2021
Amount
$25M
Investors
Series C
Apr 29, 2021
Amount
$112M
Investors
Series B
Apr 15, 2020
Amount
$28M
Investors
Series B
Sep 12, 2018
Amount
$68M
Investors
Series A
Aug 1, 2017
Amount
Undisclosed
Investors
Questions about Wasabi Technologies
Who invested in Wasabi Technologies?
Wasabi Technologies has 10 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Wasabi Technologies raised?
Wasabi Technologies has raised 7 venture rounds. Sign up free to see how much each round raised and the total.
When did Wasabi Technologies last raise money?
Wasabi Technologies's most recent round on record is a Series D, in Dec 2022.
What does Wasabi Technologies do?
Wasabi Technologies is a software company.
Where is Wasabi Technologies headquartered?
Wasabi Technologies is headquartered in Boston, US.
Which VCs invest in companies like Wasabi Technologies?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Wasabi Technologies's stage. Their profiles are linked below.
VCs backing software startups at Series D
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