Wasabi is a cloud storage company that provides affordable and high-performance storage solutions. It is known for its disruptive pricing model, offering a flat-rate pricing structure that is significantly lower than traditional cloud storage providers. Wasabi's primary product is its hot cloud storage, which is designed to be a direct competitor to Amazon S3, offering faster speeds and no fees for egress or API requests. The company positions itself as a cost-effective alternative for businesses looking to store large volumes of data without the complexity and high costs associated with other providers.
Wasabi's infrastructure is built on a highly secure and scalable platform, making it suitable for a wide range of applications, from backup and recovery to video surveillance and media storage. The company has gained traction in various industries, including media and entertainment, healthcare, and financial services, due to its emphasis on data durability and security. Wasabi's strategic partnerships with technology resellers and managed service providers have further expanded its market reach, making it a notable player in the cloud storage industry.
David Friend is a seasoned entrepreneur and the CEO of Wasabi. He has a rich history in the technology industry, having co-founded several successful companies, including Carbonite, a leading data protection company.
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