Wasabi Technologies, a Boston, MA-based hot cloud storage company, closed a $30m financing round.
The round, which brought total funding raised to date to $110m, was led by Forestay Capital with participation from previous investors.
The company intends to use the funds to expand its infrastructure and capacity, to extend its hot cloud storage service to Canada and additional markets in Europe, APAC and Latin America through Managed Service Providers (MSPs) and other channel partners.
Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi provides hot cloud storage for businesses all over the world. The company has secured $110m in funding to date.
FinSMEs
28/05/2020