Overview

Wasabi is the hot cloud storage company.

Wasabi provides simple, predictable and affordable hot cloud storage for businesses all over the world. It enables organizations to store and instantly access an infinite amount of data at 1/5th the price of the competition with no complex tiers or unpredictable egress fees. Trusted by 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 has secured $140 million in funding to date and is a privately held company based in Boston.

Our Story

Wasabi is making data storage a commodity like electricity. You pay as you need it, it’s always on and always available. Why is the commoditization of storage so vital? If not already, data is fast becoming the lifeblood of whatever business you’re in. Which means that your ability to affordably, reliably, quickly and securely leverage that data will determine whether you succeed or fail. As both the amount of data we create and its AI driven utility grow exponentially, any inability to keep and control our data is a potentially devastating liability.

While the significance of data is not lost on anyone, many businesses have not yet made the leap to the reality that infinitely abundant cloud storage is a necessity. Indeed it is not in the interests of some of the most powerful companies in the world and they will spare little trying to keep you from looking for answers their first-generation solutions can’t provide. When a disruptive technology company comes along, it’s hard for the incumbent to respond. Scale works against them, rather than for them. But that’s okay, we are happy to play the role of David to their Goliath, for now. The performance, capability and efficiency of Wasabi powered businesses are undeniable. And the embracing of next-generation cloud storage is inevitable.

Read about our recent round of funding:

Wasabi scores $112M Series C on $700M valuation to take on cloud storage hyperscalers [TechCrunch]

 

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Culture

A letter to prospective employees from co-founder and CEO David Friend

David FriendReally smart and talented individuals are always in demand, but not every company is a good fit for you. The purpose of this letter is to describe Wasabi – our goals, our culture, the kind of company we are – so you can get a better idea of whether this might be the right place for you.

Let me start by describing our goals from a product standpoint so that you can appreciate the magnitude of the opportunity before us. All we do is data storage in the cloud. We call our own unique version of this, Hot Cloud Storage. I shouldn’t say “all” because data storage is one of the greatest opportunities in the IT industry. Along with electricity, bandwidth, and raw computing power, cloud storage is fundamental to nearly everything we do. And it is growing like crazy.

Read Full Letter