Tag - Wasabi

Wasabi Expands Global Presence, Announces APAC Headquarters in Japan

Wasabi Technologies, the hot cloud storage company, today announced the expansion of its Asia-Pacific presence with the opening of its Japanese headquarters. The headquarters will serve as a base for a variety of countries in the region including Japan, South Korea, Singapore, Malaysia, Australia and New Zealand. In tandem with the new headquarters, Wasabi has appointed Kaz Kuroda Vice President of Asia-Pacific and Managing Director of Japan to lead the office. Read more >>

Wasabi Raises Additional $25M in Funding, Led by Prosperity7 Ventures, and Extends Series C to $137M in Financing

Wasabi, the hot cloud storage company, today announced $25 million in additional funding led by Prosperity7 Ventures, the diversified growth fund of Aramco Ventures. Western Digital Capital, the investment arm of storage device manufacturer Western Digital, also participated in the round. This round is an extension of Wasabi’s Series C financing announced in April, expanding the total funding raised for the round to $137 million and the company’s total equity financing to $244 million. Read more >>

Aramco Venture Arm Investing in U.S. Startup Wasabi

The venture capital arm of Saudi Arabia’s state-owned energy producer Aramco is investing in Boston-area cloud-storage startup Wasabi Technologies. One of Aramco’s funds, Prosperity7 Ventures, is contributing to a $25 million follow-on investment, alongside the venture capital arm of disk-drive maker Western Digital Corp., Wasabi Chief Executive Officer David Friend said exclusively in a Bloomberg Radio interview Wednesday. Read more >>

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 […]

Meet The Inventors: David Friend of Wasabi On How To Go From Idea To Store Shelf

David Friend is the co-founder and CEO of Wasabi, a revolutionary cloud storage company. David’s first company, ARP Instruments developed synthesizers used by Stevie Wonder, David Bowie, Led Zeppelin and even helped Steven Spielberg communicate with aliens providing that legendary five-note communication in Close Encounters of the Third Kind. Don’t be afraid to compete with companies that are bigger than you. Just because they are bigger doesn’t mean they are the best at everything. This has proven to be […]

Wasabi Is Tripling As AWS, Azure Lead Cloud Services Market

Most startups enjoy discussing their growth rates — but not their revenues. That’s because they’re tapping the law of small numbers — a company with small revenues can more easily post eye-popping growth rates than do much larger incumbents…

Wasabi, a Boston-based cloud storage provider, recently borrowed $27.5 million to boost its growth. In a January 28 interview, CEO David Friend told me that the company has “more than tripled in the last year.” Read more >>