Wasabi Technologies Named 2021 Winner in the BIG Award for Business

BOSTON — December 7, 2021 — Wasabi Technologies, the hot cloud storage company, today announced it has received the Business Intelligence Group’s BIG Award for Business and was named a 2021 Company of the Year. The Business Intelligence Group’s annual program rewards companies, products and people that are leading their respective industries.

Wasabi Hot Cloud Storage has redefined the industry with a solution that provides unlimited scalability at 1/5th the cost of Amazon S3, with best-in-class data immutability to protect from threats like ransomware, no fees for egress or API requests, and no vendor lock-in requirements. As companies increasingly rely on data to grow their business and adapt to the new post-COVID world, they need to store it securely while maintaining quick and easy access to it. Wasabi keeps data ‘hot’ so that it’s accessible in milliseconds at the moment it’s needed. Trusted by tens of thousands of customers worldwide, Wasabi has been recognized as one of technology’s fastest-growing and most visionary companies and differentiates itself by being the industry’s leading pure-play cloud storage provider - focused on doing one thing better than anyone else - rather than trying to do many things at once.

The company is coming off its most impressive year yet, closing $137M in Series C financing, and growing to 170 employees, 27,000 customers and 8,500 channel partners worldwide. To meet the demand for its services, Wasabi successfully expanded its global footprint with storage regions now across the United States, Europe, Japan, and most recently the UK, with additional regions coming in the next 6-12 months.

“As the world’s data moves to the cloud, Wasabi is on a mission to transform the way companies store, manage, and maximize this data to drive innovation in their respective industries,” said Wasabi CEO David Friend. “As a high-growth company on an aggressive growth trajectory, this recognition from the Business Intelligence Group validates the path we have set for ourselves within this unprecedented market opportunity.”

“We are so proud to reward Wasabi Technologies for their outstanding 2021 leadership and achievements,” said Maria Jimenez, chief nomination officer of the Business Intelligence Group. “This year’s group of winners are clearly leading by example in the global business community.”

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.

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Wasabi Technologies PR contact:

Kaley Carpenter

Inkhouse for Wasabi

wasabi@inkhouse.com

About Business Intelligence Group

The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.