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The 10 Hottest Tech Startups Of 2020 (So Far)

From cloud to big data to security, here are CRN's picks for the top tech startups that solution providers should know about right now.

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CEO: David Friend

Wasabi, a provider of hot cloud storage for businesses, in May unveiled a new $30 million round of funding. The deal from investors including Forestay Capital brought total funding to $110 million for the Boston-based startup.

Wasabi says that its technology stands out by enabling cloud storage that is one-fifth the price of Amazon S3, while also having no fees for egress or API requests.

In April, Wasabi disclosed the arrival of interoperability for its technology with Veeam Backup for Microsoft Office 365 v4. Wasabi provides cloud storage in concert with more than 200 tech partners, which provide capabilities such as data protection. Along with Veeam, those partners include Rubrik, Actifio, Commvault and Komprise.

Meanwhile, Wasabi's Reserved Capacity Storage pricing model, introduced in February, lets customers purchase a reserved amount of cloud storage for a fixed price for one, three or five years. The pricing model lets customers more easily compare cloud storage costs to those of on-premises storage hardware, while allowing channel partners to sell cloud storage capacity as a SKU in the same way that they would sell a new on-prem storage appliance, the company has said.

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