Wasabi Technologies

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]

Wasabi Technologies, Inc.

Formerly	Blue Archive
Company type	Private
Industry	Cloud storage software
Founded	June 1, 2017; 8 years ago (2017-06-01) in Boston, Massachusetts, U.S.
Founder	David Friend, Jeff Flowers
Headquarters	Boston, Massachusetts , U.S.
Area served	Worldwide
Key people	David Friend CEO Jeff Flowers CTO
Products	Wasabi Hot Storage
Website	wasabi.com
Footnotes / references [1]

Company History

Wasabi founders, David Friend and Jeff Flowers, were previously co-founders of Carbonite, an online backup service, as well as several other companies.^[4] Friend’s first venture, ARP Instruments, developed synthesizers used by artists including Stevie Wonder, David Bowie, and Led Zeppelin. He later founded Computer Pictures Corporation, an early innovator in computer graphics; Pilot Software, which pioneered multidimensional databases for analyzing large-scale customer data; Faxnet, which became the world’s largest provider of fax-to-email services; and Sonexis, a VoIP conferencing company. Immediately prior to founding Wasabi, Friend co-founded Carbonite, now one of the world’s leading cloud backup companies.^[5][6]

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

Growth (2017 – Present)

Wasabi Technologies, Inc. was launched with a single data center location in Ashburn, Virginia.^[7] The company has since grown to have 16 storage 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]

Wasabi Products

Wasabi Hot Cloud Storage

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 Hot Cloud Storage 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] Wasabi Hot Cloud Storage is known to have a simplified pricing model that eliminates hefty fees for data egress or API calls.^[12]  

Wasabi AiR Intelligent Media Storage

Wasabi AiR (AI Recognition) is an intelligent media-archive service built on top of its hot cloud-object-storage offering, enabling users to automatically tag, search and access media assets with integrated AI-powered metadata.^[13]  

Wasabi Surveillance Cloud

Wasabi Surveillance Cloud is a hybrid-cloud storage solution that enables organizations to extend on-premises video management systems by off-loading surveillance data into the cloud. It combines “hot” object-storage capacity with cloud-bridge software so users can integrate it with their existing video management system without changing operations.^[14]  

Wasabi Cloud NAS

Wasabi Cloud NAS is a cloud-network attached storage (NAS) offering by Wasabi Technologies, Inc. that combines on-premises file-server compatibility with scalable cloud object-storage capacity. It installs on a Windows server (or pairs with on-prem NAS/SAN/DAS devices) and transparently offloads data to Wasabi’s object storage while presenting the files to users exactly as if stored locally.^[15]  

Wasabi Gov Cloud

Wasabi GovCloud is a cloud object-storage service offered by Wasabi Technologies specifically for U.S. federal, state and local government agencies (and eligible contractors), built on the company’s “hot” storage tier and designed to meet stringent government-compliance requirements.

The service supports rigorous security controls including those required for FedRAMP Moderate systems (with the offering reaching “FedRAMP Ready” status as of April 2025) as well as other regulations such as the Health Insurance Portability and Accountability Act (HIPAA), General Data Protection Regulation (GDPR), Criminal Justice Information Services (CJIS), and Financial Industry Regulatory Authority/Securities and Exchange Commission (FINRA/SEC).

Wasabi Fire

Wasabi Fire (2026 launch date) is a high-performance class of cloud object storage designed for artificial intelligence (AI), machine learning (ML), and other compute-intensive workloads and use cases. Wasabi Fire extends upon Wasabi’s Hot Cloud object storage with Non-Volatile Memory Express (NVMe) and solid state drive-based (SSD) performance to better support AI and ML training, real-time inference, high-frequency data logging, and media pipelines.^[16]

Pricing

Reserved Capacity Storage

Wasabi's Reserved Capacity Storage model offers customers the option to reserve a defined amount of storage capacity over a fixed term (1-, 3- or 5-year contracts) at a discounted rate compared to Pay-Go.^[17]   

Pay-as-You-Go

Wasabi’s Pay-as-You-Go pricing model allows customers to pay monthly for the actual amount of storage they consume, with no long-term commitment required. Under this model, the base storage rate (for object storage) begins at US $6.99 per TB per month in North America, EMEA and APAC regions. Data ingress (upload), API requests and egress (download) are included at no additional cost if usage remains within the provider’s “free egress/API” policy.^[18]  

Partner Program

Wasabi's partner program consists of a network of Managed Service Providers (MSPs), Value-Added Resellers (VARs), Technology Alliance Partners (TAPs), Original Equipment Manufacturers (OEMs), and System Integrators (SIs).^[19]

Technology

Storage Region locations

Wasabi has 16 storage regions deployed across North America, Asia Pacific, and Europe. The North American data centers are located in Virginia, Oregon, Texas, California, and Canada. The Europe, the Middle East and Africa (EMEA) data centers are located in the United Kingdom, France, the Netherlands, Germany, and Italy. The Asia-Pacific (APAC) storage regions are located in Japan, Australia, and Singapore.^[8] Wasabi storage regions are deployed in fully secure and redundant data centers that are certified for SOC-2, ISO 27001, and PCI-DSS.

Community Engagement & Philanthropy

Wasabi Fenway Bowl

Wasabi Technologies is the title sponsor of the Wasabi Fenway Bowl, an annual college football bowl game played at Fenway Park in Boston and produced by ESPN Events and Fenway Sports Management.^[20] The sponsorship covers a multi-year agreement and includes the establishment of an Executive Committee composed of regional business, education, and non-profit leaders charged with advancing the game’s educational and community-oriented mission. The Bowl emphasizes recognition of educators through the “Honor Roll” grants program, which awards exemplary educators across New England for their commitment to students and community.^[21]

Sustainability

Wasabi Technologies is focused on minimizing the environmental impact of its cloud storage infrastructure. The company designs its storage systems to maximize energy efficiency and capacity density, which reduces the number of drives, servers, and the overall physical footprint of its data centers.  

Wasabi works with data center operators that maintain strong environmental standards, including Equinix, NTT DATA, Iron Mountain, Digital Realty, and Flexential. These partners are selected for their use of energy-efficient technologies and renewable power sources.

The company has also developed a carbon calculator tool that allows customers to estimate the CO₂e emissions associated with their stored data, taking into account hardware, power usage, and cooling systems. Wasabi partners with Zero Circle to provide carbon footprint analyses based on customer invoices, which can support sustainability reporting and ESG benchmarking.^[22]  

In collaboration with the Italian telecommunications provider Retelit, Wasabi has participated in a waste-heat recovery initiative that repurposes excess heat from data centers to provide energy for approximately 1,250 homes, reducing carbon emissions by an estimated 3,300 tons per year. This partnership illustrates how Wasabi’s energy-efficient infrastructure can contribute to broader environmental goals.^[23]