Wasabi Technologies provides cloud storage services that allow businesses to store and manage large amounts of data, including video surveillance footage, in a secure off-site environment. The service works by offering a storage platform that is fully compatible with AWS S3 APIs, allowing users to upload and retrieve data quickly using their existing software tools. Wasabi distinguishes itself by charging a single price that is significantly lower than major competitors like AWS, while also eliminating hidden fees for data egress or API requests. The company's goal is to make cloud data storage a simple, affordable utility that provides high performance without the complex pricing structures found elsewhere in the market.
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$899.7M
Headquarters
Boston, Massachusetts
Founded
2017
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