Press Release

Wasabi Recognized as One of CRN’s® 100 Coolest Cloud Companies of 2020

February 3, 2020

BOSTON, MA - February 3, 2020 Wasabi, the hot cloud storage company, announced today that CRN®, a brand of The Channel Company, has named Wasabi as one of its 100 Coolest Cloud Companies of 2020. This annual list honors the premier cloud technology suppliers in five key categories: infrastructure, platforms and development, security, storage, and software.

The CRN editorial team selects the 100 Coolest Cloud Computing Companies according to their originality and innovation in product development, the quality of their services and partner programs, and their success in helping their customers save money and maximize the impact of their cloud computing or cloud object storage technology.

In addition to honoring outstanding technology suppliers, the 100 Coolest Cloud Companies list also enables solution providers to identify the most advanced and innovative cloud technology players — aiding them in selecting the companies that can best support their cloud service needs.

Wasabi was recognized as a top 100 cloud vendor because it provides a universal, one-size-fits-all cloud object storage service with a disruptive price/performance model that eliminates confusing storage tiers and makes the migration to cloud simple, fast and affordable. Its public cloud object storage service is 1/5th the price of Amazon S3 and faster than the competition with no fees for egress or API requests. Wasabi provides 11 x 9s of data durability, high system availability, and support for immutable storage buckets. It is fully compatible with the Amazon S3 API with support for hundreds of S3-compatible storage applications and has been certified for compliance with enterprise security and privacy standards.

Storing data in Wasabi costs less than just the annual maintenance costs alone for on-premises hardware, so companies planning to move to the cloud can make an affordable and simple transition through hybrid or multi-cloud strategies. Last year, Wasabi launched a formal partner program, the Wasabi Partner Network, to demonstrate their commitment to channel partners and the response has been overwhelming with growth to over 1,700 MSPs globally. As a natural complement to data protection services such as backup and recovery, archiving, video surveillance and a growing list of use cases that channel partners sell, Wasabi is dedicated to bringing best of breed cloud products to a growing list of global customers.

"The IT channel relies on cloud services as the foundation for building modern, transformational solutions,” said Bob Skelley, CEO, The Channel Company. “CRN’s annual list of 100 Coolest Cloud Companies seeks to honor the top cloud providers, whose mission and actions support innovation in cloud-based technologies. Our team congratulates these honorees and thanks them for their commitment to leading positive change in cloud technology."

“Recognition by an esteemed organization such as CRN validates the value of Wasabi, and is especially gratifying to be honored as a Cool Cloud Company with less than three years under our belt,” said David Friend, CEO of Wasabi. “With Wasabi, Managed Service Providers (MSPs) can tap into the lowest priced cloud storage offering with consistently high performance for data centric companies.”

The new 100 Coolest Cloud Companies list will be featured in the February 2020 issue of CRN and online at www.crn.com/cloud100.

About Wasabi:

Wasabi is the hot cloud storage company delivering disruptive storage technology that is 1/5th the price of Amazon S3 and faster than the competition with no fees for egress or API requests. Unlike first generation cloud vendors, Wasabi focuses solely on providing the world's best cloud storage platform. Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi is on a mission to commoditize the storage industry. Wasabi is a privately held company based in Boston, MA. Follow and connect with Wasabi on Twitter, Facebook, LinkedIn and our blog.

About The Channel Company:

The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 30 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelco.com

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©2020 The Channel Company, LLC. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.

The Channel Company Contact:

Jennifer Hogan

The Channel Company

jhogan@thechannelco.com

Wasabi PR Contact:

Lindsay Levitts

Kel & Partners

lindsayl@kelandpartners.com

+1 617-519-6551