Wasabi Technologies
Wasabi Technologies provides cloud object storage designed to make data management affordable and straightforward. The company offers a single tier of hot cloud storage that supports unlimited capacity without hidden charges such as egress or API request fees. Its platform integrates features like Wasabi AiR, which enables AI-based tagging, transcription, and search for media assets, and Wasabi Surveillance Cloud, which extends video management system capacity. Wasabi emphasizes predictable pricing, data accessibility, and multi-layered security measures at the physical, data, and account levels. The service is widely applied in backup, recovery, archiving, media workflows, and AI/ML workloads. Wasabi’s goal is to simplify cloud storage while giving organizations flexibility to access and use their data whenever needed.
Founded by David Friend (CEO), Jeff Flowers (CTO)
| Round | Announced | Raised | Post-money |
|---|---|---|---|
| Series E | Jan 12, 2026 | $70M | $1.8B |
| Series D | Dec 7, 2022 | $15M | $1.3B |
| Series D | Sep 27, 2022 | $125M | $1.1B |
| Series C | May 20, 2021 | $25M | — |
| Series C | Apr 29, 2021 | $112M | $700M |
- AVAlumni Ventures
- FIFidelity
- PVProsperity7 Ventures
- NDNTT DOCOMO Ventures
- BIBlue Ivy Ventures
- BCBain Capital Ventures
- EIEnergy Impact Partners
- EFEthos Family Office
- RORocketship.vc
- FCForestay Capital
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Data as of Oct 16, 2026. Valuations are estimates blended from primary and secondary-market signals — not investment advice.
