Colt’s IP access service chosen by Wasabi Technologies for its first data centre in APAC

Tokyo, Japan, October 13, 2021 – Colt Technology Services, a leading provider of agile, high bandwidth connectivity solutions, today announced that it is providing connectivity for Wasabi Technologies’ new data centre in Japan – the company’s first data centre in the APAC region.

Wasabi provides simple, predictable and affordable ‘hot cloud storage’ for businesses all over the world, which enables organisations to store and instantly access an unlimited amount of data at 1/5th the price of the competition, with no complex tiers or unpredictable egress fees. Wasabi also integrates easily with S3 compatible applications, including in backup, archiving, and video surveillance storage.

When establishing its first data centre in Japan, Wasabi was looking for a connectivity partner that met its criteria on cost and latency. Kaz Kuroda, Vice President APAC & Managing Director Japan for Wasabi Technologies, said, “The Asia Pacific market is one of the most important in the world. The demand for cost-efficient, fast, and reliable cloud storage is increasing day by day. As Wasabi expands its APAC business, we are confident that Colt's high quality, low latency, low cost and flexible service will support our growth. We look forward to working with Colt as we continue to establish our footprint across the Asia Pacific region.”

One of the major advantages of partnering with Colt is its unparalleled global footprint, which will support Wasabi’s strategic and aggressive growth plans. Having secured new funding and steadily increased its revenue, customer base and number of channel partners, the company is well positioned to play its part in the evolution of the cloud market and address the largest challenges facing organisations today, including ransomware, and delivering support for immutable backups that offer the highest level of protection in cloud storage.

Wasabi will also invest further to build out its proprietary software to match the global acceleration of storage in the cloud and enable next-gen Cloud 2.0 applications. With the added capabilities of Colt, Wasabi will also continue to expand its storage capacity around the world by opening new data centres, while increasing its distribution channels, partner networks, and cross-functional staff to drive its international growth effectively.

Colt’s connectivity solutions are underpinned by the intelligent Colt IQ Network, which comprises 29,000 on net buildings and over 900 data centres across Europe, Asia and North America's largest business hubs. Colt offers a one-stop shop for network, voice and cyber security services. Its customers are able to avoid engaging multiple local providers in order to comply with complicated local rules and restrictions, enabling them to expand their business globally only with Colt.

About Wasabi Technologies

Wasabi provides simple, predictable and affordable hot cloud storage for businesses all over the world. It enables organizations to store and instantly access an unlimited amount of data at 1/5th the price of the competition with no complex tiers or unpredictable egress fees. Trusted by tens of thousands of customers worldwide, Wasabi has been recognized as one of technology’s fastest-growing and most visionary companies. Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi has secured nearly $275 million in funding to date and is a privately held company based in Boston.

Follow and connect with Wasabi on Twitter, Facebook, Instagram, and our blog.

Media Contact

Kaley Carpenter

Inkhouse for Wasabi

wasabi@inkhouse.com

About Colt

Colt strives to transform the way the world works through the power of connectivity. The Colt IQ Network connects 900+ data centres across Europe, Asia and North America’s largest business hubs, with over 29,000 on net buildings and growing.

Colt understands business connectivity requirements and provides high performance and high bandwidth solutions to enable customers’ success, with Colt’s vision centering on being the most customer oriented business in the industry. Customers include data intensive organisations spanning over 210 cities in more than 30 countries. Colt is a recognised innovator and pioneer in Software Defined Networks (SDN) and Network Function Virtualisation (NFV). Privately owned, Colt is one of the most financially sound companies in its industry and able to provide the best customer experience at a competitive price. For more information, please visit www.colt.net.

Colt Media Contact

Nola Pocock – VP Global Communications

+447917714377 nola.pocock@colt.net