How Wasabi hit $134.7M revenue and 23K customers in 2023.
Wasabi Technologies, Inc. is a cloud storage service provider that offers affordable, high-speed, and secure cloud storage solutions for businesses and individuals.The company's cloud storage platform is designed to provide an alternative to traditional cloud storage providers by offering a faster and more cost-effective storage solution without compromising on security or data durability. Wasabi's mission is to make cloud storage simple, predictable, and affordable for everyone.
2017
Founded
$134.7M
2023 Revenue
45.66%
YOY
$549.1M
Funding
Wasabi Revenue
In 2023, Wasabi revenue run rate hit $134.7M in revenue.
-
2023
Wasabi hit $134.7M in revenue in 2023
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2022
Wasabi hit $92.5M in revenue in 2022
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2021
Wasabi hit $54M in revenue in 2021
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2021
Wasabi hit $54M in revenue in 2021
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2020
Wasabi hit $18M in revenue in 2020
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2017
Wasabi launched in 2017 with $0 revenue
Wasabi Funding History
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2021
Wasabi raised a of in May, 2021
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2021
Wasabi raised a of in April, 2021
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2020
Wasabi raised a of in December, 2020
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2020
Wasabi raised a of in April, 2020
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2018
Wasabi raised a of in August, 2018
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2018
Wasabi raised a of in July, 2018
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2018 Debt Financing
Wasabi raised a Debt Financing of in March, 2018
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2017
Wasabi raised a of in July, 2017
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2016
Wasabi raised a of in December, 2016
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2016 Debt Financing
Wasabi raised a Debt Financing of in October, 2016
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2016
Wasabi raised a of in May, 2016
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| May, 20 2021 | |||
| April, 29 2021 | |||
| December, 29 2020 | |||
| April, 15 2020 | |||
| August, 22 2018 | |||
| July, 31 2018 | |||
| March, 13 2018 | Debt Financing | ||
| July, 14 2017 | |||
| December, 01 2016 | |||
| October, 31 2016 | Debt Financing | ||
| May, 02 2016 |
Team
Wasabi has 364 total employees and 64 sales reps that carry a quota. They have 23,000 customers an engineering team of 102 and a marketing team of 33.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 364 |
| Engineer | 102 (28%) |
| Sales | 64 (18%) |
| Marketing | 33 (9%) |
Founder / CEO
David Friend
David Friend is the co-founder and CEO of Wasabi, the hot cloud storage company that delivers fast, low-cost, and reliable cloud storage. Prior to Wasabi, David co-founded Carbonite, one of the world’s leading cloud backup companies. He has been a successful tech entrepreneur for more than 30 years.
Q&A
-
What's your age?
73
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Favorite online tool?
Netsuite
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Favorite book?
Getting to Yes
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Favorite CEO?
No
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Advice for 20 year old self
Relax
Customers
Churn
Wasabi Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| David Friend | CEO | [email protected] | - |
Wasabi Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| David Friend | CEO | [email protected] | - |
Wasabi Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Roger Biscay | Board Member | - | - |
| Chris Fenton | Board Member | - | - |
| Kerstin Dittmar | Board Member | [email protected] | - |
| George Neble | Board Member | [email protected] | - |
| David Friend | Board Member | [email protected] | - |
| Lou Shipley | Board Member | [email protected] | - |
| Alexander Papadimitriou | Board Director | - | - |
Frequently Asked Questions about Wasabi
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When was Wasabi founded?
Wasabi was founded in 2017.
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How much revenue does Wasabi generate?
Wasabi generates $134.7M in revenue.
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Who is the CEO of Wasabi
The CEO of Wasabi is David Friend.
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How much funding does Wasabi have?
Wasabi raised $549.1M.
-
How many employees does Wasabi have?
Wasabi has 364 employees.
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Where is Wasabi headquarters?
Wasabi is headquartered at 111 Huntington Avenue, Suite 2900, Boston, Massachusetts, 2199, United States
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