Wasabi Featured on the 2021 CRN® Storage 100 List

BOSTON, MA , April 12, 2021 — Wasabi, the Hot Cloud Storage Company, today announced that CRN^®, a brand of The Channel Company, has named Wasabi to its second annual Storage 100 list. The Storage 100 list recognizes industry-leading storage vendors that provide transformative products and services.

Businesses are creating and consuming more data than ever before. With growing trends such as cloud computing, artificial intelligence, machine learning and the Internet of Things driving the creation of more and more data, the need for technology on which to build versatile and durable storage solutions will continue to increase.

Chosen by a panel of respected CRN^® editors, the companies included in the 2021 Storage 100 list were selected for their perseverance in pushing the boundaries of innovation through cutting-edge technology and strategic partnerships. The list itself is a valuable resource for solution providers looking to find vendors that can support them in a complex storage market with industry-leading storage offerings in areas such as software-defined storage, data protection, data management, and storage components.

Wasabi is 1/5th the price of Amazon S3 and earned a spot on the highly coveted list for its disruptive pricing. There are two simple pricing models that channel partners can leverage to resell Wasabi. These options include a pay-as-you-go object storage model where partners charge only for what their customers use or Wasabi’s Reserved Capacity Storage that allows resellers to sell specific amounts of object storage for 1, 3, or 5 years at a fixed price. Both pricing models offer partners the opportunity to earn margins while offering their customers a simple predictable service since there are no fees for egress or API requests with Wasabi.

Wasabi was also recognized for its commitment to its growing channel community of more than 4,800 partners and its simple and predictable pricing model. These achievements helped Wasabi experience record growth in 2020, including expanding its total storage by 150%, growing revenue by more than 3 times over 2019 and increasing its customer base to more than 21,000.

“Much of Wasabi’s success can be attributed to two main things – our ability to provide simple, affordable and high-performing cloud storage and the expansion of our channel program into a thriving ecosystem,” said Laurie Mitchell, VP of Partner and International Marketing at Wasabi. “Our priority is to empower partners to reduce their costs. We truly take pride in being the easiest cloud storage provider to work within the industry. This acknowledgment from CRN is a testament to the strength of our channel program and the incredible results our partners experience on a regular basis.”

“The 2021 CRN^® Storage 100 list recognizes the leading vendors that are delivering transformative advancements in storage technology and bringing the building blocks of modern solutions to solution providers,” said Blaine Raddon, CEO of The Channel Company. “We are proud to acknowledge the vendors featured in this year’s Storage 100 list and congratulate them for their investments in R&D, engineering, and innovation.”

The CRN^® Storage 100 list will be featured in the April 2021 issue of CRN^® Magazine and online at www.crn.com/storage100.

About Wasabi

Wasabi provides simple, predictable, and affordable hot cloud storage for businesses all over the world. It enables organizations to store and instantly access an infinite 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 $140 million in funding to date and is a privately held company based in Boston.

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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 unequaled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com

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© 2021 The Channel Company, LLC. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.

PR Contact:

Nick Brown

InkHouse for Wasabi

wasabi@inkhouse.com

The Channel Company Contact:

Jennifer Hogan

The Channel Company

jhogan@thechannelcompany.com