Tech Company Financing Transactions
Wasabi Technologies Funding Round
Wasabi Technologies closed a $10.8 million Series B funding round on 7/28/2017. Investors included private investors.
Transaction Overview
Company Name
Announced On
7/28/2017
Transaction Type
Debt
Amount
$10,767,500
Round
Series B
Investors
Proceeds Purpose
Proceeds purposes were not disclosed. SEC regulatory filing. 51 investors participated in the financing.
Company Information
Company Status
Private & Independent
Industry
Storage
Mailing Address
111 Huntington Ave.
Boston, MA 02119
USA
Boston, MA 02119
USA
Phone
Website
Email Address
Overview
Wasabi is the hot storage company. Hot storage is fast to write, low-cost, and reliable cloud storage. Wasabi delivers fast, low-cost, and reliable cloud storage. Amazon locks companies into their expensive storage and nobody likes vendor lock-in. Wasabi hot storage is 1/5th the price and 6x the speed of S3.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 7/28/2017: RootProject venture capital transaction
Next: 7/28/2017: Spera venture capital transaction
Share this article
News on VC Transactions
We do our best to document every notable VC transaction. VC transactions on this site are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs