Cloud storage startup Wasabi nabs $112M, plans new datacenters

Cloud storage startup Wasabi nabs $112M, plans new datacenters

Cloud data storage company Wasabi today announced that it raised $112 million in series C financing, bringing its total raised to $219 million. The company says that the funding will be put toward expanding its network of resellers, partners, and distributors as it opens new datacenters, grows its team, and builds its brand via new marketing initiatives. With cloud data storage growing 60% year over year, low-cost, reliable, and scalable storage services are in demand by a range of organizations. Read more >>

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