27Jul
01Jun
Wasabi Fenway Park Bowl returning in 2023
Fenway Park is going bowling again. The home of the Boston Red Sox will play host to the Wasabi Fenway Park Bowl for the second straight year, it was announced Wednesday. The game will take place on December 28, 2023 at 11 a.m., and will once again feature teams from the American Athletic Conference (AAC) and Atlantic Coast Conference (ACC). Read more >>
30Mar
IBM Cloud and Wasabi Partner to Power Data Insights Across Hybrid Cloud Environments
IBM and Wasabi Technologies, the hot cloud storage company, today announced they are collaborating to drive data innovation across hybrid cloud environments. This collaboration aims to allow enterprises to run applications across any environment - on-premises, in the cloud or at the edge - and help enable users to cost efficiently access and utilize key business data and analytics in real time. The Boston Red Sox will be the first to leverage the joint power of IBM Cloud Satellite® and...
21Mar
Wasabi CFO On Doing Business With SVB: What Worked, What Didn’t And What’s Ahead
Silicon Valley Bank: The Right Bank, But Wasabi Ready To Move On. The surprise demise of Silicon Valley Bank (SVB) has left much of the tech startup business concerned. Those clients primarily were tech startups that depended on SVB for loans, virtual currency business and financing acquisitions. One of those SVB companies was Boston-based cloud storage technology developer Wasabi, which had banked with SVB for years. Wasabi was fortunate in that it was already making plans to take advantage of...
08Dec
Wasabi Technologies Completes Series D Round with $15M in New Funding from Azura, SiS Cloud Global Tech Fund 8, and Prosperity7 Ventures
Wasabi Technologies, the hot cloud storage company, today completed its Series D funding round with an additional $15 million in new equity headlined by Azura, SiS Cloud Global Tech Fund 8, and existing investors including Prosperity7 Ventures. Following $125M in equity closed in September 2022, the additional funding brings Wasabi’s Series D to $140 million. Along with its existing debt facility, the company has now raised over $500M to date, most recently on a $1.1B valuation. Wasabi provides fast, affordable,...
20Oct
Meet The New Unicorns Minted In September 2022
Twelve companies joined The Crunchbase Unicorn Board in September 2022, adding $19.6 billion in value to the board. These companies have raised $3.8 billion total in funding with 62% of that amount raised in September 2022. Wasabi on list. Read more >>
15Oct
Wasabi continues Asian partner expansion, adds new regional leader
Wasabi Technologies has chosen Sunny Chua as its Southeast Asia country manager, with the remit of enabling partners and customers in the region to accelerate digital transformation initiatives. Read more >>
14Oct
With VC Funding Down 53%, Wasabi Technologies Defies The Odds — Raising $250 Million
It’s hard for startups to raise money these days. So when a startup raised a quarter of a billion dollars last month, it got my attention. Such odds-defying startups offer valuable lessons for all startup CEOs. This comes to mind in considering the news that Boston-based cloud storage company, Wasabi Technologies, closed a $250 million round of funding last month at a $1.1 billion valuation, according to a company press release. Read more >>
30Sep
Wasabi CEO David Friend: $250M Funding To Double Channel Reach, Fuel Global Expansion
Boston-based cloud storage company Wasabi Technologies this week said it has raised an additional $250 million in funding, half of which came from private equity and other institutional investors and half from debt, and said the company now has a valuation of over $1.1 billion. The new funding represents a big bet on Wasabi, which is using its large channel and alliance partner base to compete against cloud giants like Amazon Web Services by promising to provide cloud storage for...
30Sep