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.
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Headcount trend
Wasabi Technologies went from 324 employees in Jul 2023 to 451 in Jun 2025. Jan to Jun 2025: 40 people joined, 13 left.
Headcount data through Jun 2025
Org structure
Headcount by department
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 salaries7 salary profiles in the US
H-1B sponsorship
The department split adds up all the years listed above. FY2026 alone: 3 filings.
Peer reviews
Worked with someone at Wasabi Technologies?
Anonymous peer reviews on OffTheRecord
Similar companies
Wasabi Technologies FAQ
How many employees does Wasabi Technologies have?
Wasabi Technologies has about 451 employees, up 2% over the 3 months to Jun 2025.
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 $510K in revenue per employee, based on $230M annual revenue and 451 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.
