Investegate |Wasabi Technologies Announcements | Wasabi Technologies: Wasabi Secures $112M Series C Financing, Sets Sights on Global Expansion and Company Growth
Wasabi Secures $112M Series C Financing, Sets Sights on Global Expansion and Company Growth Wasabi triples valuation as it continues to establish first hyperscale cloud storage architecture Boston, MA, April 29, 2021 (GLOBE NEWSWIRE) -- Wasabi, the hot cloud storage company, today announced $112M in Series C funding led by Fidelity Management & Research Company with participation from existing investors. The round follows Wasabi’s $27.5M in debt financing announced in January. The C round brings Wasabi’s total equity financing to $219 million. The valuation of the C round was roughl...