Wasabi Technologies

Wasabi Technologies, founded in 2017 by David Friend and Jeff Flowers, is a Boston-based company that specializes in cloud object storage services. The company aims to significantly reduce cloud data storage costs while enhancing speed, simplicity, and reliability. With over 15 storage regions across the United States, Canada, Europe, and Asia, Wasabi supports more than an exabyte of deployed storage. The company's primary offering is "Wasabi Hot Cloud Storage," which provides straightforward, predictable, and affordable storage without complex pricing tiers or egress fees. This service is designed for instant access to unlimited data, catering to businesses that need scalable and secure cloud storage solutions. Wasabi serves a diverse range of customers, from small businesses to large enterprises, and is recognized as a strong alternative to major cloud providers. The company promotes a culture of collaboration and accountability, guided by its H.O.T. values: Humility, Ownership, and Togetherness.

Information Technology & Services Boston, United States Founded 2017 ~498 employees

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Employees
498
+0.8% in the 3 months to Sep 2026
Revenue / employee
$462K
Revenue ~$230M
Total funding
$3.9B
Last round Oct 2025
12-month attrition
7.3%
Tech: 7.4%
H1B filings, FY2026
3
Sponsors visas

Headcount trend

Wasabi Technologies went from 397 employees in Oct 2024 to 498 in Sep 2026. Apr to Sep 2026: 34 people joined, 7 left.

Org structure

Headcount by department

Engineering134
Sales100
Other91
Marketing48
Operations43
Finance24
Success22
HR20

Funding

  • Oct 2025 · $32.5M
  • Sep 2022 · Series D · $125M · L2 Point Management, Fidelity Management & Research Company, Forestay Capital
  • Sep 2022 · Series D · $125M · L2 Point Management, Fidelity Management & Research Company, Forestay Capital
  • Sep 2022 · Series D · $125M · L2 Point Management, Fidelity Management & Research Company, Forestay Capital
  • Sep 2022 · Series D · $125M · L2 Point Management, Fidelity Management & Research Company, Forestay Capital
  • Sep 2022 · Series D · $125M · L2 Point Management, Fidelity Management & Research Company, Forestay Capital
  • Sep 2022 · Series D · $125M · L2 Point Management, Fidelity Management & Research Company, Forestay Capital
  • Sep 2022 · Series D · $125M · L2 Point Management, Fidelity Management & Research Company, Forestay Capital
  • Sep 2022 · Series D · $125M · L2 Point Management, Fidelity Management & Research Company, Forestay Capital
  • Sep 2022 · Series D · $125M · L2 Point Management, Fidelity Management & Research Company, Forestay Capital
  • Sep 2022 · Series D · $125M · Azura, Prosperity7 Ventures.
  • Sep 2022 · Series D · $125M · L2 Point Management, Fidelity Management & Research Company, Forestay Capital
  • Sep 2022 · Series D · $125M · L2 Point Management, Fidelity Management & Research Company, Forestay Capital
  • Sep 2022 · Series D · $125M · L2 Point Management, Fidelity Management & Research Company, Forestay Capital
  • Sep 2022 · Series D · $125M · L2 Point Management, Fidelity Management & Research Company, Forestay Capital

Salaries at Wasabi Technologies

All salaries

7 salary profiles in the US

Pay by level, gender and ethnicity

H-1B sponsorship

H-1B Sponsorship Limited
H-1B Filings by Department
Engineering26
Operations6
Finance1

The department split adds up all the years listed above. FY2026 alone: 3 filings.

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Wasabi Technologies FAQ

How many employees does Wasabi Technologies have?

Wasabi Technologies has about 498 employees, up 0.8% over the 3 months to Sep 2026.

Does Wasabi Technologies sponsor H1B visas?

Yes. Wasabi Technologies filed 3 H1B (LCA) applications in FY2026, according to the latest U.S. Department of Labor disclosures. Most of them were for Engineering roles.

What is Wasabi Technologies's revenue per employee?

Wasabi Technologies makes about $462K in revenue per employee, based on $230M annual revenue and 498 employees.

How much does Wasabi Technologies pay?

6figr has 7 salary profiles for Wasabi Technologies in the US, with pay broken down by role, level, gender and ethnicity on the Wasabi Technologies salaries page. See Wasabi Technologies salaries

How much funding has Wasabi Technologies raised?

Wasabi Technologies has raised $3.85B in total funding.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.