Articles from Wasabi Technologies

Wasabi Technologies, the hot cloud storage company, today announced it has strengthened its sports sponsorship program as the Official Cloud Storage Partner of USA Rugby. This milestone partnership unites two organizations committed to rapid growth, excellence, and technology innovation.

Wasabi Technologies, the hot cloud storage company, today announced its achievement of ISO/IEC 27001 certification - the global standard for information security management systems. This milestone reinforces Wasabi's position as the trusted choice for enterprises demanding uncompromising data protection alongside breakthrough performance and cost efficiency.

Wasabi Technologies, the hot cloud storage company, today announced its cloud storage service for the U.S. Federal Government, Wasabi GovCloud, has achieved Federal Risk and Authorization Management Program (FedRAMP®) Ready status.

Findings from the third annual Wasabi Global Cloud Storage Index, a survey of 1,600 decision-makers involved with the purchase of their organization’s cloud object storage, show the material impact fee charges have on businesses, with over half (56%) of organizations noting their IT and business operations have been stifled by data egress and access fees. Findings also reveal that storage fees in general (e.g., API calls, operations, data access) comprise nearly half (49%) of an average user’s service bill, compared to actual stored capacity being utilized. This year’s findings also show nearly all (99%) of organizations globally have experienced data security-related benefits from their use of public cloud storage, which is especially important in today’s world of perpetual cyber threats. Conducted by Vanson Bourne, the Global Cloud Storage Index surveyed C-level leadership and managers at businesses across Australia, Canada, France, Germany, Italy, Japan, the Netherlands, New Zealand, the UK, the United States and Singapore.

Wasabi Technologies, the hot cloud storage company, today announced it is expanding their data management offerings for customers with the addition of IBM (NYSE: IBM) Cloud’s London data center to Wasabi’s storage regions. Wasabi’s ability to leverage IBM’s Multizone Region (MZR) addresses the need to help joint customers address their evolving regulatory requirements and leverage AI and other emerging technologies with a secured, enterprise cloud platform.

Wasabi Technologies, the hot cloud storage company, today announced the appointment of Jon Howes as senior vice president of global sales. After serving as Wasabi’s vice president and general manager for EMEA since January 2023, Jon will now lead the company’s global sales program.

Wasabi Technologies, the hot cloud storage company, today announced it is partnering with Johnson Controls, which offers the world's largest portfolio of building technology, software and services, to deliver high-performance, secure, and cost-effective cloud storage for the video surveillance industry. The combination of Wasabi hot cloud storage and Johnson Controls’ exacqVision Video Management System (VMS) brings organizations an affordable, fully integrated cloud storage and VMS solution with the added security of Wasabi’s immutable buckets to help prevent data loss.

Hot cloud storage provider Wasabi Technologies today announced a partnership with Bechtle, Germany's largest IT system house. The partnership includes the distribution of the Wasabi hot cloud storage solution in Germany, Austria and Switzerland (DACH). Together, the companies want to make it easier for customers in the DACH region to access a cost-efficient and high-performance cloud storage offering.

Wasabi Technologies, the hot cloud storage company, today announced that Grass Valley, a leading media technology provider for the media and entertainment industry, will offer Wasabi’s low-cost, high-performance cloud storage within AMPP. Grass Valley customers can now purchase and easily use Wasabi cloud storage within AMPP to enable efficient and flexible media production workflows for live event content creation, management, and distribution.

Zero Circle, a sustainable finance marketplace, and Wasabi Technologies, the hot cloud storage company, have partnered to develop a suite of sustainability-focused solutions for cloud storage that give businesses the data they need to make decisions that reduce their environmental impact.

Wasabi Technologies, the hot cloud storage company, launched its new Cloud Innovators series which explores the ways hot cloud storage is shaping the future of technology for the innovative thought leaders and iconic brands Wasabi partners with. The first episode features Josh Carley, vice president of technology for TD Garden and the Boston Bruins.

Wasabi Technologies, the hot cloud storage company, today announced a collaboration with Dell Technologies, via the Extended Technologies Complete program to bring affordable and innovative hybrid cloud solutions for backup, data protection, and long-term retention to customers.

Wasabi Technologies, the hot cloud storage company, today introduced Wasabi AiR™, the industry's first AI-enabled intelligent media storage. Wasabi AiR combines Wasabi’s high-performance, low-cost object storage with advanced AI metadata auto-tagging and multilingual searchable speech-to-text transcription. Video files uploaded to Wasabi AiR are immediately analyzed and a second-by-second metadata index is created, enabling users to quickly find what they are looking for. Wasabi AiR greatly reduces the cost of metadata creation: with Wasabi AiR, customers pay only for the storage. There is no additional charge for use of the AI.

Wasabi Technologies, the hot cloud storage company, has strengthened its sports, media & entertainment customer and partner portfolio with the addition of the National Hockey League’s (NHL) Vancouver Canucks. In a new partnership with Canucks Sports & Entertainment, Wasabi becomes the Preferred Cloud Storage of the Canucks with extensive branding integration for the 2024 NHL season, while the Canucks benefit operationally from Wasabi’s best-in-class cloud data storage services via a multi-year technology deal.

Wasabi Technologies, the hot cloud storage company, has made its award-winning cloud storage available to SaaS, Cloud Services Providers, and technology application vendors to design into their solutions for Backup, Disaster Recovery, Physical Security Video Surveillance Storage, Media Archiving and more through its White Label OEM program, delivering predictably priced, reliable and scalable cloud storage to their end users worldwide.

Organizations worldwide are increasing public cloud storage use and budgets to accelerate innovation. According to the 2024 Wasabi Global Cloud Storage Index, an astounding 93% of organizations plan to grow their public cloud storage capacity in 2024. This rate of capacity increase is up 9 points from last year’s survey (which indicated 84% expected an increase). Commissioned by Wasabi Technologies, the hot cloud storage company, and conducted by Vanson Bourne, the Wasabi Global Cloud Storage Index uncovers the changing attitudes toward public cloud storage adoption, the factors that influence storage buying decisions, and the market’s top priorities when it comes to budget, capacity, vendor selection, billing, features and satisfaction.

Wasabi Technologies, the hot cloud storage company, announces the acquisition of Curio AI from GrayMeta, Inc. Terms of the deal were not disclosed. The acquisition includes both the intellectual property and the visionary team behind Curio, including GrayMeta CEO Aaron Edell, who will join Wasabi as Senior Vice President of AI and Machine Learning. Wasabi will incorporate the Curio AI technology into a new class of AI-powered intelligent storage for the Media and Entertainment industry which it plans to release in Spring 2024.

Wasabi Technologies is today releasing the findings of its global cloud storage index, focused on the media and entertainment (M&E) industry. The survey, commissioned by Wasabi Technologies and conducted by Vanson Bourne, seeks to uncover the changing attitudes amongst IT leaders in M&E organisations toward public cloud storage adoption, the factors that influence storage buying decisions, and the top priorities when it comes to budget, use cases, security, and cloud data migration.

Wasabi Technologies, the hot cloud storage company, strengthened its foothold in EMEA with the appointment of Jon Howes as Vice President and General Manager for EMEA. Howes will build on Wasabi’s momentous growth in the region, highlighted by a flagship deal with Liverpool Football Club, 1,800 new partners, and a nearly 90% ARR growth rate. Additionally, a full region go-to-market team has been established to support the growth of cloud storage, with Eric Peters as Country Manager of Benelux & Southern Europe based in France; Daniel Arabié, Country Manager of Central Europe/DACH based in Germany, and Kevin Dunn, Country Manager for the UK/I & Nordics based in the UK.

Wasabi Technologies, the hot cloud storage company, today introduced Wasabi Surveillance Cloud, a first-of-its-kind solution that enables organizations to offload video surveillance footage from their local storage environment directly to the cloud without ever running out of capacity. This ‘bottomless’ approach to video storage is vital for the surveillance industry that is currently struggling to manage enormous amounts of video in high resolution environments, increasingly large file sizes, stringent regulatory and retention requirements, and business and analytics applications tied to surveillance.

Enterprises are going all-in on cloud storage, with average stored capacity in the public cloud expected to reach 43% of their total storage footprint by 2024, and the vast majority (84%) are increasing their budgets to make that a reality, according to part one of Wasabi’s 2023 Global Cloud Storage Index. The series, commissioned by Wasabi Technologies and conducted by Vanson Bourne, seeks to uncover the changing attitudes toward public cloud storage adoption, the factors that influence storage buying decisions, and the top priorities when it comes to budget, use cases, security, and cloud data migration.

Wasabi Technologies, the hot cloud storage company, today completed its Series D funding round with an additional $15 million in new equity headlined by Azura, SiS Cloud Global Tech Fund 8, and existing investors including Prosperity7 Ventures. Following $125M in equity closed in September 2022, the additional funding brings Wasabi’s Series D to $140 million. Along with its existing debt facility, the company has now raised over $500M to date, most recently on a $1.1B valuation.

Wasabi Technologies, the hot cloud storage company, today introduced Wasabi Cloud Sync Manager, the industry's most affordable and highest performing cloud migration tool that allows businesses globally to move their data out of expensive hyperscale cloud environments like AWS S3 to Wasabi without egress fees or downtime. It also delivers seamless replication and synchronization of data between different Wasabi regions to reduce latency, meet compliance requirements, and foster best practices for data backup and recovery. Customers benefit from the flexibility of shifting data between clouds at any time, the ability to protect copies of data in different regions while increasing their cloud data performance and response time, and reducing overall storage costs.

Wasabi Technologies, the hot cloud storage company, today announced the integration of its cloud storage service with Telestream DIVA, the world’s leading and most trusted object management system for digital media, allowing users to quickly and safely transfer media assets from their on-premises storage systems to Wasabi for highly secure cloud storage that is instantly accessible from any location. Telestream® specializes in products that make it possible to get video content to any audience regardless of how it is created, distributed, or viewed. Broadcast and production operations who use DIVA can now access their work faster from more locations, helping to drive productivity, while also ensuring their most important files are protected.

Wasabi Technologies, the hot cloud storage company, today announced it has achieved unicorn status following $250 million in new funding. Wasabi raised $125 million in Series D equity led by L2 Point Management with participation from Cedar Pine; an affiliate of Cerberus Capital Management; and returning investors including Fidelity Management & Research Company and Forestay Capital, bringing the company’s valuation to over $1.1 billion. Wasabi also expanded its existing debt facility with MGG Investment Group to $125 million. Barclays acted as sole placement agent on the transaction.

GSX 2022-- Wasabi Technologies, the hot cloud storage company, today announced a new integration with Hanwha Techwin that delivers a fully scalable, cost-effective cloud storage solution for the Wisenet WAVE VMS to reinforce the surveillance industry’s next generation architecture needs. By leveraging a combination of on-prem and cloud technology, users of Wasabi hot cloud storage and Wisenet WAVE VMS can support high camera counts, high-definition resolutions, high frame rates, and long retention periods with exceptional reliability, affordability, and availability to meet the demands of video surveillance deployments while protecting video with the industry’s strongest security practices.

Wasabi Technologies, the hot cloud storage company, has expanded its leadership bench in the Asia Pacific region with the additions of Aki Wakimoto and Andrew Sandes as Country Managers for Japan and Australia respectively. Wakimoto and Sandes will drive customer and partner growth as Wasabi continues its full-scale APAC expansion to meet the demand for high-performance, affordable cloud storage in this digital-first region.

Wasabi Technologies, the hot cloud storage company, reaffirmed its commitment to the Asia-Pacific market with the opening of a new storage region located in Singapore. This marks Wasabi’s 13th storage region globally and its fourth in APAC, following Tokyo, Osaka, and most recently Sydney, as the company scales to meet the demand for high-performance, affordable cloud storage, and to be in closer proximity to its expansive customer and partner network. Additionally, Wasabi has appointed former SAS Institute Japan executive Michael King to serve as Vice President and General Manager, APAC, to lead the next stage of Wasabi’s growth in the region.