Cloud storage startup Wasabi has recently announced the achievement of $112 million in Series C funding, solidifying their commitment to providing the best possible storage solution for their customers. This round of financing was led by HPE, which is a testament to Wasabi’s innovation and leading edge in cloud storage technologies.
Wasabi is impacting the cloud storage industry, and this latest investment brings them closer to their goal of providing enterprise-level cloud storage solutions to businesses worldwide.
Overview of Wasabi
Wasabi, a hot cloud storage startup, has secured $112 million in funding from its existing investors. The company was founded by a team of seasoned tech veterans and prides itself in offering the most reliable, accessible and cost-effective storage solution available in the market today.
Wasabi is committed to protecting customers’ data assets with enterprise-level security and privacy standards. Its proprietary platform ensures that data is always secure and assuredlyavailable around the clock.
The company provides cost-effective, self-service yet powerful cloud storage solution to its customersat an affordable price point. Wasabi’s services are extremely scalable to meet customer needs while delivering highly efficient and safe performance with uncompromising security features such as encryption, tokenization and infrastructure enhancements. Wasabi also provides advanced analytics tools to help customers maximize cloud storage usage and deliver seamless customer experience.
Wasabi, a leading cloud storage provider and pioneer of hot cloud storage, is committed to providing maximum value and performance to its customers. Through the company’s proprietary technology and industry-leading customer service, Wasabi promises the best possible cloud storage experience.
The team at Wasabi works hard to provide reliable security, fast data transfer speeds, exceptional customer support and ease of integration for every customer. Wasabi strives to create a product that offers premium features in an affordable and easy-to-use platform. As part of its mission, Wasabi is dedicated to minimizing risk with advanced encryption algorithms and compliance protocols so customers can rest assured their data is safe.
Wasabi’s commitment also extends beyond customers – as an environmentally conscious company, Wasabi strives to reduce waste with energy efficient cooling systems and thermal controls that help control energy costs. The company recently announced $112 million in Series B financing, showing continued success in achieving its mission across corporate partners, businesses and individual users.
Cloud storage startup Wasabi is committed to providing its customers with the best possible storage solution.
To do this, Wasabi relies on advanced technology and innovative approaches to provide flexible, secure, and cost-effective cloud storage services.
Through their cutting-edge technology, Wasabi can offer customers fast and reliable data storage. This article will look closely at Wasabi’s technology and how it makes cloud storage more accessible.
Wasabi’s Hot Cloud Storage
Wasabi Hot Cloud Storage is the world’s leading cloud storage company committed to offering the lowest cost, fastest, secure cloud storage solution that serves businesses of all sizes. With their innovative hot cloud storage technology, customers get a unified storage platform across their entire enterprise from on-premise applications to local infrastructure.
Wasabi Hot Cloud Storage provides a highly available and reliable storage solution with industry-leading performance, security and reliability at wallet-friendly prices. The technology uses multi-region redundancy for easy access to data stored in the cloud with improved fault tolerance for both hardware and software failures. Security measures such as encryption algorithms help protect data stored in Wasabi’s hot cloud clusters by securing the data during transmission and when at rest. Data backup processes are automated to ensure seamless protection against data loss while providing three or more copies of critical data on separate servers located in different geographical regions.
Wasabi’s Security Features
Wasabi is committed to providing the best possible storage solution for its customers, and one of the ways they accomplish this is with top-notch security features. Wasabi’s cloud storage offer advanced encryption technologies that ensures data safety, such as 256-bit AES encryption with SSL/TLS encryption. This ensures data confidentiality while in transit with all data written on Wasabi servers to provide strong authentication and access control, so business customers know their assets are secure in the cloud.
Additionally, Wasabi’s proprietary Titan Security Key provides unparalleled access protection by requiring an individual user password for each logged-in account. This prevents unauthorized access even if a user’s credentials are compromised and enables separate authentication for users with separate roles based on location or other requirements. The key also utilizes two-factor authentication to prevent account theft and session hijacking from malicious applications or threats on a given device.
Wasabi has also implemented multiple layers of defense against Distributed Denial of Service (DDoS) attacks, designed to exhaust resources through overwhelming requests or volumetric traffic floods while broadcasting essential information into the public domain. Additionally, Wasabi promises maximum availability by using cloud-supplied cross-regional redundancy services in conjunction with their hardware and software solutions to mitigate impact of all sorts of DDoS attack penetration attempts into their platform.
Wasabi is a cloud storage startup that has recently secured an impressive $112M in funding, enabling them to further the development of their innovative and highly scalable storage solutions.
Wasabi prides itself on its ability to scale exponentially. Its hot cloud storage is powered by servers with high-capacity drives from leading global data centers, allowing it to serve massive amounts of data at incredible speeds. This scalability extends further with Wasabi’s efficient resource management which enables them to increase resources for capacities depending on demand.
Not only does Wasabi provide scalability, but it also ensures maximum security and safety for its customers through its native 256-bit encryption and innovative data integrity algorithms. Furthermore, it actively monitors the network’s health and carefully checks each object stored in the Wasabi cloud ensuring protection from malicious actors and accidental destruction of important records.
Wasabi’s advanced technology provides unparalleled scalability, security, and integration options. No wonder this innovative startup has earned such prestigious attention—customers can trust that technology advancements will continue to move Wasabi forward into an even brighter future!
Cloud storage startup Wasabi has recently secured an impressive $112M in investments, demonstrating its commitment to providing the best possible storage solutions for small and medium-sized businesses. Founded in 2017, the company has come a long way in a short time, and this latest feat is proof of its impressive growth.
Cloud storage startup Wasabi nabs $112M
Cloud storage startup Wasabi recently showcased their success by announcing a new funding round. Wasabi has achieved a total investment of over $112M from 4 investors, including HarbourVest, Square Peg Capital, Bunker Hill Capital and Azure Capital.
This latest successful round of investments will solidify Wasabi’s market position as a leading provider in cloud storage services. Founded in 2015, Wasabi provides extremely fast, secure and cost-effective cloud storage so that its customers can easily and securely access their data.
In addition to being extremely cost effective and secure, Wasabi also provides flexibility for its customers – with the ability to access their data in various locations worldwide via multiple storage nodes. This allows customers to rest assured that their critical data will always be available when needed without having to worry about downtime or manual back-ups being needed periodically.
With its latest funding, Wasabi is now well positioned to continue leading the way in the cloud storage industry while providing exceptional services and customer experience moving into 2021.
Wasabi’s Expansion Plans
In November 2020, Cloud storage startup Wasabi secured its fourth round of funding. This latest funding round raised $112 million, making it the largest single-round wasabi investment to date and bringing total funds raised by the company to more than $150 million.
This substantial financial boost has enabled Wasabi to reaffirm its commitment to providing customers with the fastest, most affordable and compliant cloud storage solution possible.
Wasabi’s growth plans revolve around expanding their presence both domestically and abroad. Internationally, the company recently welcomed new customers from India, Spain, Italy and Brazil amongst others. Domestically Wasabi is continuing their expansion throughout North America with recent announcements of partnerships with Ingram Micro Cloud Solutions which offer integrations into cloud marketplaces such as VMware® CloudTM on AWS MarketplaceTM and Tech Data’s Cloud Marketplace allowing customers access to Wasabi’s Hybrid Cloud Storage product using existing billing systems.
On top of expanding their geographical presence, Wasabi has been developing new product offerings such as paid add-ons for enhanced durability and integration with third-party service providers for data management and analysis purposes. Additionally, the company has made strategic moves such as establishing an expanded network of S3 API partners across PC/Mac/mobile devices including Synology Knox 3EI 2U+, Leostream VDI Connector for Horizon 7 & Parallels Desktop Pro Edition Virtualization software. This move will provide customers an expedited path for migration to modern efficient platforms or environments that can utilize S3 API services inside supported applications or use cases leveraging S3 compatible cloud infrastructure (AWS or Wasabi).
These steps forward are a testament to Wasabi’s commitment towards technological advancements to remain competitive against other top players in cloud storage space while delivering highly reliable services that exceed customer expectations while maintaining affordable pricing options.
Cloud storage startup Wasabi is all about providing the best possible storage solution for its customers. To ensure they succeed, they regularly seek feedback from their users. They collect customer feedback and then use it to help shape their product and services to better meet the needs of its customers.
Let’s take a look at how Wasabi is using customer feedback to improve their service:
Wasabi’s Customer Reviews
Wasabi is one of the leading cloud storage startups, recently receiving a $112M investment round in 2019. The company is dedicated to providing its customers with secure and affordable cloud storage solutions. With the help of analyzing customer feedback, it can improve its products and services.
Below are some examples of customer reviews from users who have utilized Wasabi’s offerings:
- The cost savings that Wasabi provides are impressive!
- Excellent customer service when I had a question about my account.
- I’m very satisfied with the performance quality I get from Wasabi’s cloud storage solution.
- Their pricing plans are straightforward to understand.
- It was intuitive to use and allowed me to securely store my business data.
Wasabi’s Customer Support
At Wasabi, we recognize the importance of customer support and are committed to providing our customers with the best assistance. Our knowledgeable customer support staff is available 24/7 to answer any questions about cloud storage solutions. From help setting up an account to troubleshooting an issue, Wasabi’s customer support team is here for you in your time of need.
We understand that everyone’s needs are different, so we offer personalized service for every customer. We can also assist with technical issues such as setting bandwidth limits, configuring policies and permissions, or providing advice on making the most of your cloud storage solution.
We understand that there is no one-size-fits-all approach to cloud storage solutions, so we strive to provide a custom experience tailored specifically for each customer’s needs. No matter what you need help with, Wasabi’s customer support team always has a friendly and helpful answer. So contact us today and let us show you just how amazing cloud storage can be!
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