Wasabi Technologies, a privately owned company headquartered in the US, was founded in 2017, employs approximately 550 individuals, and reported $150.0M in revenue as of 2024. The company functions as a tier 1 media tech buyer, specializing in media cloud and storage by providing cloud storage for businesses globally.

2024 Revenue

Founded

2017

Headcount

547

Headquarters

US

Primary Segment

Media cloud and storage

Ownership

Privately Owned

Deployments

7

News Summary:

On March 12, 2026, Wasabi partnered with Qencode, highlighting that the progression of video formats from HD to 4K, 8K, and VR significantly increases data storage requirements, with an 8K file roughly four times the size of a 4K file. Previously, during "Spicy Bytes with HYCU" on March 11, discussions emphasized the value of proactively testing data protection strategies to ensure their effectiveness, rather than waiting for a crisis. Earlier on March 9, Wasabi addressed the AI Data Plane as a strategic priority for enterprise IT leaders, underscoring that the actual performance and business impact of AI systems rely on the availability, trustworthiness, and recoverability of data, moving beyond an initial focus primarily on AI models. Also on March 9, Wasabi's fourth annual Global Cloud Storage Index, a survey conducted with Vanson Bourne involving 1,700 IT decision-makers worldwide (including 200 in the UK), indicated that most UK businesses intend to boost their AI infrastructure spending, with 62% of these budgets earmarked for data storage and compute buildouts.

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Wasabi Technologies offers 3 products in the media tech industry. Wasabi Technologies's product portfolio comprises of media cloud and storage.
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Wasabi Technologies's revenues were less than $250M in 2024. Caretta Research has split Wasabi Technologies's revenue into 2 different product categories, the largest of which is object storage. For full access to Wasabi Technologies's revenue breakdown subscribe to Caretta Portal.
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Wasabi Technologies's customers primarily consist of iT Services and IT Consulting and spectator Sports companies. Examples of Wasabi Technologies's customers include University of Exeter, Liverpool Football Club and ESI Technologies. Wasabi Technologies has commercial and technical partners like Visium Networks, Khara and MASV. Wasabi Technologies has suppliers like USA Rugby.

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