Wasabi CEO sees IPO ramp as firm reaches 100,000 customers
Cloud storage unicorn Wasabi says it has reached the 100,000 customer point after continuing sales growth. The company has raised a total of $500 million since its inception in 2017, and gained unicorn status in 2022, after raising $250 million, which included a 50/50 investment and credit facility. Since then, it has seen 60-70 percent annual revenue growth and its partner numbers have also just reached 15,000 globally. On the IT Press Tour of Boston and Massachusetts this week, David Friend, the company’s founder and CEO, said: “Cloud storage is an infinite market, and you have to try and dominate it as quickly as possible.” Read more >>