Boston, MA – According to filings with the U.S. Securities and Exchange Commission, Wasabi Technologies is raising $35,000,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, David Friend played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Wasabi Technologies

Wasabi makes saving data simple, affordable, fast and secure. Wasabi Hot Cloud Storage removes the complicated decision of where, how and whether to save your data, and empowers you to transform your business and organization through cost savings and disruptive speed and performance. Wasabi is making data storage a commodity like electricity. You pay as you need it, it’s always on and always available. Why is the commoditization of storage so vital? If not already, data is fast becoming the lifeblood of whatever business you’re in. Which means that your ability to affordably, reliably, quickly and securely leverage that data will determine whether you succeed or fail.

To learn more about Wasabi Technologies, visit http://wasabi.com/

Contact:
David Friend, President and Chief Executive Officer
844-927-2241
dfriend@wasabi.com
https://www.linkedin.com/in/david-friend-3660832/

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