Full-Time
Posted on 7/10/2025
Affordable cloud storage with S3 compatibility
No salary listed
United States
In Person
| , |
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
$831.7M
Headquarters
Boston, Massachusetts
Founded
2017
Help us improve and share your feedback! Did you find this helpful?
Remote Work Options
Flexible Work Hours
Wasabi Technologies to acquire Lyve Cloud from Seagate. Hot cloud company acquires cloud business from Seagate Technology April 09, 2026 Hot cloud storage company Wasabi Technologies is set to acquire Lyve Cloud from Seagate Technology LLC. As part of the acquisition, Seagate will receive equity in Wasabi and become a shareholder. Further financial terms have not been shared. - Wasabi Technologies Seagate is a storage hardware provider, and Lyve Cloud is the company's Edge-to-cloud storage platform that is S3-compatible. Through the acquisition, Wasabi aims to combine its own hot cloud storage offering with Lyve's enterprise-ready platform to meet growing enterprise storage demand, driven in part by AI initiatives, analytics, video workloads, and longer data retention requirements. "This acquisition strengthens our position as the world's leading pure-play cloud storage vendor," said David Friend, co-founder and CEO of Wasabi Technologies. "Seagate has built a loyal enterprise customer base for Lyve Cloud storage, and we welcome those customers to Wasabi. We are focused on supporting their growth with our global network of data centers, innovative security features such as Covert Copy, AI-ready capabilities, partner integration tools, and technical support." "This transaction is aligned with Seagate's strategic focus on its core mass-capacity storage business to meet the surging demand for data storage, while ensuring Lyve Cloud customers continue receiving exceptional support through Wasabi, a dedicated, independent cloud storage provider," added Gianluca Romano, chief financial officer of Seagate. At the start of this year, Wasabi raised $70 million in an equity funding round that valued the company at $1.8 billion. The round was led by L2 Point Management with participation from Everpure (previously Pure Storage) and existing investors, including Fidelity Management & Research Company. At the time, Wasabi said the funding would be used to support its expansion into AI infrastructure, broaden its global footprint, and develop its product portfolio. In November 2025, Wasabi added a new storage class specifically for AI workloads, and also launched a new region in San Jose, California. More in investment / M&A / financing.
Talent is everywhere, opportunity is not: Wasabi's partnership with Onja. March 27, 2026 Every March, Women's History Month creates space to recognize the women who have shaped industries and institutions that didn't always make room for them, and technology is no exception. From the earliest days of computing to today's AI-driven landscape, Wasabi Technologies, Inc. reflect on women's impact, elevate stories, and take stock of progress. But recognition only goes so far when structural barriers are still intact. Women remain underrepresented in technology, as the Bureau of Labor Statistics reports: they make up 47% of the U.S. workforce, but only 27% of tech careers, with the ratio reaching 4:1 in more technical roles. The reasons are rarely about ability. More often, they are about access: to training, to mentorship, to visible role models, and to the hiring pipelines that actually translate talent into careers. To that end, more companies are finding that looking beyond the usual pathways opens the door to talent they would have otherwise missed. Looking beyond traditional hiring paths. When organizations rely exclusively on traditional talent pipelines (elite universities, established recruiting networks, familiar geographies), they're making assumptions about where talent lives. Teams getting this right are the ones asking a different question: not where have Wasabi Technologies, Inc. always looked, but where haven't Wasabi Technologies, Inc.. Initiatives that build rigorous technical preparation and connect talented people to real career opportunities expand the hiring process rather than divert from it. Onja was built around that idea, creating a model that combines technical training with a clear pathway into real engineering roles. Meet Onja: turning access into opportunity. Onja is a social enterprise based in Madagascar that trains academically gifted young people to become world-class software developers. Its model is built around a rigorous two-year program combining professional coding instruction with intensive English language training, the foundation for working in a global tech environment. Seventy percent of Onja developers are women. That figure reflects a deliberate focus on creating opportunities for talented young women in a country with limited access to advanced education and fewer economic pathways. The program works by partnering with global tech firms to co-create meaningful career pathways for its graduates. Those partnerships aren't philanthropic arrangements. They're talent acquisition channels that happen to reach places most companies don't look. There's extraordinary talent to be found in Madagascar but for lack of opportunity it's rarely utilized. Collaborations like this one show that the 'poor girl' from the remote village can quickly soar to seats on the world's top tech-teams. All they need is opportunity, first to upskill, and then for world-class companies like Wasabi to look past their area code and university degrees, and hone-in on what really matters: their talent, drive and attitude." Sam Lucas, Founder and CEO, Onja Two developers, one rigorous process. Wasabi's engineering team hired Jeannie Peta and Clopedia Nomenjanahary in 2024 through its partnership with Onja. Their path to those roles followed the same process as any other hire: a competitive interview designed to assess technical skills, problem-solving ability, and readiness to contribute to a professional team. Its partnership with Onja created the introduction; these two developers did the rest. Both work in front-end development, a discipline that demands technical precision and an instinct for both how people think and how systems work. What first sparked my interest in software development was the creativity in it all. I was fascinated by how ideas can be transformed into something real and interactive. As a front-end developer, I especially love that people can directly interact with what I build - it feels like sharing my own kind of art with others." Jeannie Peta, Front-End Developer, Wasabi For Nomenjanahary, the path into that work started with access: Onja is what first drew me into tech. In Madagascar, opportunities can be limited, and like many young Malagasy people, I didn't have the chance to pursue further studies. Getting into tech became a meaningful path for me to grow and build a career that I love today. There is always something new to explore and improve, which keeps things exciting and challenging. I also really value the team environment, being able to have engaging and fun conversations while working makes the experience even more rewarding." Clopedia Nomenjanahary, Front-End Developer, Wasabi Why it matters beyond the hire. The conversation around women in tech often focuses on representation as the goal. But representation follows something more structural: whether real pathways into the field exist in the first place. When they do, outcomes change. Being involved with Onja has shown me how powerful it is when talented people are given access to opportunities that once felt out of reach. Through Wasabi's partnership with Onja, Wasabi Technologies, Inc. is helping create real pathways into global tech careers, especially for young women, which ultimately strengthens both the individuals involved, Wasabi, and the industry as a whole." Jon Howes, SVP of Global Sales, Wasabi This talent strategy expands across gender and geographies, expanding the talent pool beyond the typical avenues, thus expanding opportunity for qualified applicants. Clopedia and Jeannie are incredibly gifted young women who are paving the way for what's possible for future generations in their roles at Wasabi. Wasabi's collaboration has been essential to helping Onja unlock a new wave of tech talent." Sam Lucas, Founder and CEO, Onja Pipelines that deliver technically prepared candidates, and companies willing to evaluate them fairly, don't just benefit the developers who move through them. They strengthen the teams that hire them and expand the industry's understanding of where talent can be found. From recognition to results. Every Women's History Month, Wasabi Technologies, Inc. celebrate the pioneers, the firsts, the ones who persisted despite the odds stacked against them. Those stories deserve to be told. But few companies pause to ask why making it through required so much in the first place, or what they're doing structurally to change that for the next generation. That's the harder question. And it gets answered with decisions: which training programs to support, which partnerships to pursue, which hiring pipelines to build or expand. Wasabi's partnership with Onja is an attempt at just that. It's concrete, it's replicable, and it produced two exceptional developers who are on the job right now, doing the work thanks to investments in equity and access. Corporate Social Responsibility Inspire by example. Explore how Wasabi Technologies, Inc. collaborate with its partners and adhere to its guiding principles to create community and employee engagement initiatives that make a true impact. Most recent. Building AI at scale requires the right data foundation. See how storage, governance, and predictable costs enable real enterprise AI readiness. Wasabi is expanding Reserved Capacity Storage with new ways for MSPs to buy, including select global distributors and monthly payment options. Discover how Wasabi and Qencode help video platforms handle 4K, 8K, and VR workflows with faster processing, durable storage, and more predictable infrastructure costs. Subscribe. Storage insights from the storage experts. Storage insights sent direct to your inbox.
Wasabi expands Cloud Storage flexibility for MSPs with Reserved Capacity Storage. The managed services landscape has changed dramatically over the past several years. Managed service providers (MSPs) are under pressure to meet rising customer expectations while balancing margins, cash flow, and growth, especially when delivering cloud storage and data infrastructure services to their clients. As more end customers adopt technology-as-a-service models, they expect predictable monthly costs, fast onboarding, and the ability to scale without friction. That shift is reshaping how MSPs want to buy and deliver infrastructure. Today's MSPs expect commercial models that reflect how they operate. They need flexibility, predictable monthly cash flow, and terms that match how their clients purchase and pay for services. Long-term value still matters, but so does the ability to align expenses with recurring revenue. That is why Wasabi is expanding the ways partners can purchase Reserved Capacity Storage (RCS). RCS has long been a core offering for MSPs that need predictable pricing and scalable object storage. Purchasing storage in 1-, 3-, or 5-year increments through RCS enables budget precision across both MSP operations and their client landscape. Pre-purchasing storage is now available through select global distributors, with monthly payment options alongside traditional annual commitments. This is more than a pricing update. It is a partner-first evolution in how Wasabi Technologies, Inc. deliver Wasabi through the channel, giving MSPs more flexibility in how they buy without changing the product experience they rely on. What's new: RCS through distribution and monthly billing. When Wasabi Technologies, Inc. introduced RCS, it quickly gained traction by offering predictable pricing, meaningful discounts based on term and capacity, and a straightforward way to consume Wasabi Hot Cloud Storage at scale. For many partners, RCS represents one of the most cost-effective ways to deliver high-performance object storage for MSP clients. With RCS, you reserve a defined amount of storage capacity over a set term. In return, you benefit from locked-in pricing and capacity-planning confidence. It's designed specifically for service providers who need to manage multi-tenant environments, forecast usage, and protect margins. What's new is flexibility around how you can purchase and pay for RCS. First, it's now available through select global distribution partners. That means you can procure RCS through the same distributors you already rely on for other infrastructure and software solutions. Second, Wasabi Technologies, Inc. is introducing a monthly payment option alongside existing annual models. Partners who prefer upfront commitments can still choose them. But those who want billing aligned more closely to monthly revenue cycles now have that option as well. What has not changed is the product experience. RCS delivers the same Wasabi Hot Cloud Storage, an S3-compatible cloud storage platform, with the same simplicity, durability, security, and performance. Why monthly billing matters for MSPs. Wasabi Technologies, Inc. added monthly billing for RCS because most MSPs run on recurring revenue. They bill clients monthly for backup, disaster recovery, security, compliance, and a growing range of managed services. Their costs need to align with that same cadence. That is not always easy when infrastructure requires annual prepayment. Even when the long-term economics are attractive, a large upfront commitment can put pressure on cash flow, especially during periods of growth. It can also make it harder to onboard new clients, launch new services, or expand capacity with confidence. Monthly RCS billing helps remove that friction for MSPs. By aligning storage costs more closely with monthly revenue cycles, MSPs can better match expenses to income and reduce the financial strain of scaling. For growing providers, that matters. Instead of absorbing a higher upfront cost, they can incorporate RCS into their ongoing operating model and expand as client demand grows. When commercial terms reflect how MSPs actually bill and grow, planning gets simpler. And when planning gets simpler, growth gets easier. The value of distribution beyond billing. Aside from monthly billing benefits, the new expansion of RCS through distribution adds value in a different way. Many MSPs already rely on global distributors for procurement, consolidated billing, and regional support. By making RCS available through those same channels, Wasabi integrates more easily into partners' existing workflows. That means fewer vendors to manage, simpler purchasing, and an easier way to align Wasabi with other infrastructure and software investments. For partners operating across regions, distribution also offers practical advantages such as local language support, local currency transactions, and access to region-specific programs. In many cases, distributors also offer rebate programs, financing options, and bundled solution opportunities. You can combine Wasabi storage with complementary technologies, such as backup software, security platforms, or infrastructure solutions, to create integrated offerings for end customers. What this means for growth and the future. These changes do more than add flexibility. They lower the barrier to entry for new partners and make it easier for existing MSPs to expand. For partners evaluating RCS for the first time, access through distribution and monthly billing can make adoption easier to plan and easier to fund. Instead of treating RCS as a large upfront commitment, MSPs can bring it into their business as a recurring operating cost. For existing partners, the benefits are just as practical. As customer demand grows, they can add capacity through familiar procurement channels and align payment terms more closely with monthly revenue. That makes expansion easier to manage across larger customer bases and broader service portfolios. RCS is especially well-suited to MSP cloud storage services built around recurring or consumption-based models, including backup-as-a-service (BaaS), disaster recovery-as-a-service (DRaaS), and long-term data retention. Predictable infrastructure costs matter in all of those models, and RCS helps deliver that stability without sacrificing performance or simplicity. More broadly, this reflects Wasabi's continued investment in channel-friendly commercial models. As MSP businesses evolve, pricing and procurement must evolve with them. Built for the channel, designed to flex. Wasabi's commitment to the channel has always been central to its growth. In fact, Wasabi Technologies, Inc. just exceeded 18,000 partners in the channel, all of whom have played a major role in bringing its cloud storage to market. By making RCS available through leading global distributors and introducing monthly payment options, Wasabi Technologies, Inc. is better aligning with how MSPs operate. Partners can choose the procurement path that fits their business, select the billing structure that supports cash flow, and continue to rely on the same high-performance, simple, and predictable Wasabi storage platform. Wasabi Technologies, Inc. invite you to explore these new options. Talk to your distributor, connect with your Wasabi channel representative, and evaluate how RCS can support your next phase of growth. As the MSP landscape continues to evolve, its goal remains the same: deliver cloud storage built for the channel and flexible enough to grow with your business. Explore flexible RCS options. Reserved Capacity Storage is now available through leading distributors with monthly payment options. Find the model that fits your business. Most recent. Many organizations assume their data is protected until a restore proves otherwise. Explore why shared responsibility still causes confusion, how data estate sprawl creates blind spots, and why testing often gets skipped for economic reasons. Discover why the AI data plane matters for enterprise AI and how cloud object storage supports ingest, RAG, checkpoints, governance, and cost predictability. See what 1,700 IT decision-makers report about cloud storage cost overruns, fee complexity, AI infrastructure investment, ROI expectations, and cyber resilience priorities. Subscribe. Storage insights from the storage experts. Storage insights sent direct to your inbox.
Wasabi Technologies has appointed Zachary Smith to its board of directors. Smith brings over a decade of experience in digital infrastructure and cloud computing, having co-founded Packet in 2014 and led Equinix's edge computing business following its acquisition. He most recently co-founded Datum, an open network cloud startup backed by Amplify, Encoded and CRV. The appointment comes as Wasabi sees increasing demand from AI customers. CEO David Friend said the company aspires to be the default storage partner for the AI industry and needs AI industry perspective at board level. Wasabi provides cloud storage designed to compete with hyperscalers through predictable pricing and performance. Smith noted it's rare to see companies successfully enter hyperscaler-dominated markets and win on differentiated economics and performance.
Synology and Wasabi Technologies have partnered to simplify enterprise data protection through integrated cloud backup solutions. The collaboration offers native integration between Synology's ActiveProtect backup appliances and Wasabi Hot Cloud Storage, enabling organisations to extend backup strategies without added complexity or unpredictable costs. The integration allows IT teams to manage mission-critical workloads through a single platform, using Wasabi as an S3-compatible cloud destination for off-site copies and immutable storage. Wasabi is now available directly within ActiveProtect Manager, providing visibility across on-premises and cloud environments. Key features include unified backup management, native off-site backup copies, immutable cloud storage for ransomware protection, and flexible tiering options. Wasabi's pricing model eliminates egress fees and API charges, offering predictable costs for businesses implementing modern data protection frameworks.