800-Boylston Street Boston, Massachusetts, United States
How Wasabi hit $54M Revenue with 23K customers in 2022.
Wasabi is the hot cloud storage company. Hot cloud storage is fast to write, low-cost, and reliable cloud storage. Wasabi delivers fast, low-cost, and reliable cloud storage. Amazon locks companies into their expensive storage and nobody likes vendor lock-in. Wasabi Hot Cloud Storage is 1/5 the price of Amazon S3 and faster than the competition with no fees for egress or API requests.
In 2022, Wasabi revenue run rate hit $54M in revenue.
Wasabi hit $54M in revenue in 2021
Wasabi hit $18M in revenue in 2020
Wasabi launched in 2017 with $0 revenue
Wasabi Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
Wasabi raised a of $25M
Wasabi raised a of $112M at a $700M valuation in April 2021
Wasabi raised a of $31.2M
Wasabi raised a of $27.9M
Wasabi raised a of $13.4M
Wasabi raised a of $39.8M
2018 Debt Financing
Wasabi raised a Debt Financing of $39.9M
Wasabi raised a of $10.8M
Wasabi raised a of $6.3M
2016 Debt Financing
Wasabi raised a Debt Financing of $33.2M
Wasabi raised a of $1.9M
Wasabi has 128 total employees and 21 sales reps that carry a quota. They have 23000 customers an engineering team of 35 and a marketing team of 14
Total team size
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.