Wasabi
CEO: David Friend
Cloud storage startup Wasabi is on pace to triple its revenue in 2020, led by former Carbonite CEO David Friend. In May, the Boston-based startup unveiled a new $30 million round of funding. The deal from investors including Forestay Capital brought total funding to $110 million for the company.
Wasabi said 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. Wasabi provides cloud storage in concert with more than 200 technology partners including Veeam, Rubrik, Actifio, Commvault and Komprise. Wasabi‘s new Reserved Capacity Storage pricing model lets customers purchase a reserved amount of cloud storage for a fixed price for one, three or five years.