Wasabi Technologies Reaches Unicorn Status

Wasabi Technologies Reaches Unicorn Status

Boston, MA September 27th, 2022, Boston Harbor Angels (BHA) is pleased to announce that Wasabi Technologies, one of its portfolio companies, has reached Unicorn status with the close of $250M round of investment.

“We are very happy for Wasabi Technologies, investors and Wasabi employees,” says Ziad Moukheiber, President and CEO of Boston Harbor Angels.  “David Friend, Founder and CEO of Wasabi Technologies is an exceptional entrepreneur. BHA is thrilled to have been part of this journey from the beginning and we continue to support Wasabi.”


About Wasabi Technologies

Wasabi provides simple, predictable and affordable hot cloud storage for businesses all over the world. It enables organizations to store and instantly access an unlimited amount of data at 1/5th the price of the competition with no complex tiers or unpredictable egress fees. Trusted by tens of thousands of customers worldwide, Wasabi has been recognized as one of technology’s fastest-growing and most visionary companies. Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi is a privately held company based in Boston. Wasabi is a Proud Partner of the Boston Red Sox, and the Official Cloud Storage Partner of Liverpool Football Club and the Boston Bruins.


About Boston Harbor Angels

Boston Harbor Angels, like a lighthouse, helps entrepreneurs navigate and grow their start-up businesses through the treacherous waters of an increasingly competitive environment in our global economy.  Boston Harbor Angels is a group of proven business leaders interested in investing a portion of our assets in high-growth, early-stage companies. Since 2004 we have made investments in companies in medical devices, IT, consumer products, business products, specialty materials, Internet, aviation, etc. We believe we contribute more than money to the companies we fund and welcome the opportunity to work with entrepreneurs who are open to taking advice yet have the smarts and determination to make their company successful.


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