Boston, Oct. 15, 2018 -- Wasabi, the hot cloud storage company, today announced it has been selected for membership by Internet2, an advanced technology community comprised of 319 leading research and education institutions. The selection comes as a result of the company\u2019s expanding presence in the education space as the need for low cost, high performance data storage becomes critical to their day-to-day research initiatives. Wasabi\u2019s hot cloud storage service enables universities and research institutions to easily connect via the Internet2 high speed Cloud Exchange to Wasabi and will be able to store their data at one-fifth the cost and 6x the speed of Amazon S3 with no additional egress fees.\r\n\r\nInternet2 facilitates the collaborative effort of U.S. higher education institutions to design and provide selected mission-critical services required to advance all aspects of their academic and service missions. In being part of Internet2, Wasabi joins a portfolio of cloud and trust solutions tailored for research and education\u2019s diverse community of users on an advanced network designed for abundant bandwidth, zero congestion, capacity for innovation, and peered to global research and education networks reaching over 100 countries.\r\n\r\nBy leveraging Internet2's cyber infrastructure capabilities, Wasabi will work with institutions to maximize deployment efficiencies while minimizing the costs associated with storing data and migrating from on-premises to cloud-based solutions. Wasabi will showcase its hot cloud storage service at the Internet2 Technology Exchange on October 15-18 in Orlando, Florida.\r\n\r\n"As more research and education institutions move to cloud-based platforms, Wasabi has gained a strong level of interest from our many members based on their compelling price and performance offering for their cloud storage service,\u201d said George Loftus, Associate Vice President, Network Services at Internet2. \u201cWe are excited to have Wasabi join as an Industry Member of Internet2 in conjunction with their addition to the Internet2 Cloud Exchange, and look forward to providing our community this new offering while pursuing future offerings with the Wasabi team.\u201d\r\n\r\n\u201cWasabi provides a compelling storage service solution for research and education institutions, that allows for a simple, cost-effective and high-performance cloud platform for all their data storage requirements,\u201d said Michael Welts, Chief Marketing Officer for Wasabi. \u201cBeing part of the Internet2 community and ecosystem makes it easier for universities, colleges and research institutions to adopt Wasabi in an effort to optimize their valuable data assets through a high-performance cloud storage solution that is ideal for collaboration and improved productivity.\u201d\r\n\r\nAbout Internet2\r\nInternet2\u00ae is a non-profit, member-driven advanced technology community founded by the nation\u2019s leading higher education institutions in 1996. Internet2 serves 318 U.S. universities, 60 government agencies, 43 regional and state education networks and through them supports more than 100,000 community anchor institutions, over 900 InCommon participants, and 65 leading corporations working with our community, and 70 national research and education network partners that represent more than 100 countries.\r\n\r\nInternet2 delivers a diverse portfolio of technology solutions that leverages, integrates, and amplifies the strengths of its members and helps support their educational, research and community service missions. Internet2\u2019s core infrastructure components include the nation\u2019s largest and fastest research and education network that was built to deliver advanced, customized services that are accessed and secured by the community-developed trust and identity framework.\r\n\r\nInternet2 offices are located in Ann Arbor, Mich.; Denver, Colo.; Washington, D.C.; and West Hartford, Conn. For more information, visit www.internet2.edu or follow @Internet2 on Twitter.\r\n\r\nAbout Wasabi:\r\n\r\nWasabi is the hot cloud storage company delivering low-cost, fast, and reliable cloud storage. Wasabi is 80% cheaper and 6x faster than Amazon S3, with 100% data immutability protection and no data egress fees. 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, Instagram and our blog.\r\n\r\n\u00a92018 Wasabi Technologies, Inc. All rights reserved. WASABI and the WASABI Logo are trademarks and\/or registered trademarks of Wasabi Technologies, Inc. and may not be used without permission of Wasabi Technologies, Inc. All other brand names mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). The information contained herein is subject to change without notice. Wasabi shall not be liable for technical or editorial errors or omissions contained herein. All rights reserved.