Wasabi Technologies, a privately owned company founded in 2017 and headquartered in the US, provides cloud storage services to businesses globally. As of 2024, the company employs approximately 550 people and reports annual revenues of less than $250 million. Its primary offering is cloud storage and media services.
On September 17, 2025, Robert Callaghan highlighted the inevitability of data compromise due to evolving cyber threats, emphasizing the risks of ransomware, data corruption, and insider threats. A separate article on September 18, 2025, by Shawn Klein, discussed the challenges faced by managed service providers (MSPs), including managing customer demands, adapting to evolving threats, and navigating compliance rules and security gaps, impacting both teams and profit margins. Another article detailed the unpredictable and high costs associated with using Microsoft cloud storage, citing millions of daily writes as a factor in cost uncertainty. Finally, SoftBank's BBIX and BBSakura added Wasabi Hot Cloud Storage as a connection destination for their Open Connectivity eXchange (OCX) service. Wasabi Hot Cloud Storage is described as a low-cost, high-performance, and secure cloud object storage solution with a simple pricing model.
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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, ESI Technologies and Liverpool Football Club. Wasabi Technologies has commercial and technical partners like MASV, Khara and Visium Networks. Wasabi Technologies has suppliers like USA Rugby.
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