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

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

BOSTON, MA, May 20 (Korea Bizwire) – 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 [...]

Wasabi Enhances Cloud-Based Data Security with S3 Object Lock Support

Wasabi Enhances Cloud-Based Data Security with S3 Object Lock Support

Boston, MA, May 11 (Korea Bizwire) – Wasabi, the hot cloud storage company, today announces S3 Object Lock, a new feature that allows users to store immutable objects in Wasabi’s cloud using applications that support S3 object locking like Veeam® Backup & Replication™. Wasabi’s support for S3 Object Lock introduces a new level of data protection, preventing malicious or [...]

Wasabi Secures $112M Series C Financing, Sets Sights on Global Expansion and Company Growth

Wasabi Secures $112M Series C Financing, Sets Sights on Global Expansion and Company Growth

Boston, MA, April 29 (Korea Bizwire) —  Wasabi, the hot cloud storage company, today announced $112M in Series C funding led by Fidelity Management & Research Company with participation from existing investors. The round follows Wasabi’s $27.5M in debt financing announced in January. The C round brings Wasabi’s total equity financing to $219 million. The valuation of [...]

Wasabi Announces the Return of IT Pro Nate, the Everyday Hero, Asking “Can You See It Now?”

Wasabi Announces the Return of IT Pro Nate, the Everyday Hero, Asking “Can You See It Now?”

Boston, Feb. 23 (Korea Bizwire) – Wasabi, the hot cloud storage company, today launched its second digital campaign (#MigrateWithNate) featuring ‘Nate,’ the IT guy returning with another critical message for businesses leaders: “Can you see that you are overpaying for your data storage, but migrating to Wasabi can save you thousands a year?” Wasabi continued to work [...]

Legendary Entertainment Selects Wasabi for Centralized Cloud Storage Environment

Legendary Entertainment Selects Wasabi for Centralized Cloud Storage Environment

Boston, MA, Nov. 10 (Korea Bizwire) — Today, Wasabi, the hot cloud storage company, announced it was selected by Legendary Entertainment, the production company behind films such as Pokémon Detective Pikachu, Enola Holmes, the Godzilla franchise, and the highly anticipated Dune (2021), to provide a sustainable and flexible cloud solution to streamline the company’s content storage. Legendary will [...]

Wasabi Named a “Contender” in IDC MarketScape Public Cloud Storage Services 2020 Vendor Assessment

Wasabi Named a “Contender” in IDC MarketScape Public Cloud Storage Services 2020 Vendor Assessment

BOSTON, MA, Oct. 8 (Korea Bizwire) – Wasabi, the hot cloud storage company, today announced it has been named a Contender in the IDC MarketScape Public Cloud Cold Storage Services 2020 Vendor Assessment (Doc # US46855520, September 2020). The report noted, “Wasabi is unique in the broader public cloud IaaS market because it offers a storage service that meets [...]

Wasabi Builds on Explosive Growth with $30 Million Funding Round

Wasabi Builds on Explosive Growth with $30 Million Funding Round

Boston, May 28 (Korea Bizwire) – Wasabi, the hot cloud storage company, today announced it has closed a $30 million financing round led by Forestay Capital, the technology innovation arm of Waypoint Capital, with participation from Wasabi’s previous investors. With today’s round, Wasabi has raised a total of $110 million. Customers and partners are emphatically choosing Wasabi’s high performance [...]