Wasabi Technologies, founded in 2017 and headquartered in Boston, Massachusetts, provides hot cloud storage solutions. The company's core offering is Hot Cloud Storage, an enterprise-grade, S3-compatible object storage service. It differentiates itself from major hyperscalers through a pricing model that eliminates egress fees and API request charges, using a flat-rate structure that the company claims reduces costs by up to 80%.
The company's technical focus encompasses cloud storage, S3-compatible object storage, and cyber-resilient storage. It manages multiple exabytes of data across 16 storage regions located in North America, Europe, and Asia Pacific. Wasabi's solutions are tailored for industry verticals including AI/ML companies, enterprises requiring backup and disaster recovery, media organizations, and surveillance operations.
