Wasabi Technologies

Last updated
Wasabi Technologies, Inc.
FormerlyBlue Archive
Company type Private
IndustryCloud storage software
FoundedJune 1, 2017;8 years ago (2017-06-01) in Boston, Massachusetts, U.S.
FounderDavid Friend, Jeff Flowers
Headquarters
Boston, Massachusetts
,
U.S.
Area served
Worldwide
Key people
David Friend CEO
Jeff Flowers CTO
ProductsWasabi Hot Storage
Website wasabi.com
Footnotes /references
[1]

Wasabi Technologies, Inc. is an American object storage service provider based in Boston, Massachusetts that sells cloud storage. [2] The company was co-founded in September 2015 by David Friend and Jeff Flowers and launched its cloud storage product in May 2017. [3]

Contents

History

Friend and Flowers were previously co-founders of Carbonite, an online backup service, among other companies. [4] Friend also previously launched ARP Instruments, Computer Pictures, Pilot Software, and Faxnet. [5] [6]

The company was initially called "BlueArchive" at its founding, but was later renamed to "Wasabi Technologies, Inc." after hot Japanese horseradish. [3]

Wasabi Technologies, Inc. was launched with a single data center location in Ashburn, Virginia. [7] The company has since expanded to operate 14 data regions [8] and serving customers in more than 100 countries [9] as of 2025.

Wasabi reached unicorn status in September 2022, following a $250 million financing round that valued the company at approximately $1.1 billion. [9]

Product Features

Wasabi Technologies offers a core cloud object storage service branded as 'Wasabi Hot Cloud Storage'. This service is built on a single-tier approach, providing 'hot' storage that keeps all customer data instantly accessible regardless of access frequency. Wasabi's offering is fully compatible with the Amazon S3 API, enabling organizations to use existing S3-enabled applications, SDKs, and workflow tools with minimal modification, which facilitates easy migration and broad ecosystem support. [10] [11]

References

  1. ↑ "Cloud storage startup Wasabi Technologies raises $68 million - Storage Soup". Archived from the original on 2018-11-08. Retrieved 2018-11-07.
  2. ↑ Kepes, Ben (3 May 2017). "Wasabi serves up some spicy AWS-killer claims". NetworkWorld. IDG. Retrieved 7 November 2018.
  3. 1 2 Cline, Keith. "Wasabi - Taking on the Tech Giants with Hot Storage". Venture Fizz. Archived from the original on 2017-05-13. Retrieved 9 February 2018.
  4. ↑ Engel, Jeff (3 May 2017). "Friend & Flowers Return With Wasabi, Take on Amazon in "Hot Storage"". Xconomy. Xconomy, Inc.
  5. ↑ Albertson, Mark (2022-07-20). "Wasabi's 'hot cloud storage' gains traction as data security strategies evolve". SiliconANGLE. Retrieved 2022-11-26.
  6. ↑ "David Friend, Wasabi Technologies CEO and Co-Founder, Announced as Keynote Speaker at TiE Boston Annual Gala on Dec. 2, 2022". INDIA New England News. 2022-11-22. Retrieved 2022-11-26.
  7. ↑ Lawson, Stephen (3 May 2017). "How to size up a new cloud service like low-priced Wasabi". NetworkWorld. IDG. Retrieved 9 February 2018.
  8. ↑ "Where is my data stored and how are Wasabi's storage regions secured?". docs.wasabi.com. Retrieved 2025-11-11.
  9. 1 2 Wiggers, Kyle (2022-09-27). "Cloud storage startup Wasabi raises $250M to reach unicorn status". TechCrunch. Retrieved 2025-11-11.
  10. ↑ Vera. "Wasabi Hot Cloud Storage Review". www.multcloud.com. Retrieved 2025-11-11.
  11. ↑ "What is the difference between Amazon S3 and Wasabi?". docs.wasabi.com. Retrieved 2025-11-11.
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