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. Functioning as a tier 1 media tech buyer, Wasabi Technologies specializes in media cloud and storage, providing cloud storage for businesses all over the world.
On March 17, 2026, Wasabi expanded cloud storage flexibility for Managed Service Providers (MSPs) with its new Reserved Capacity Storage offering, designed to help MSPs meet rising customer expectations and manage margins while delivering cloud storage and data infrastructure services. Earlier, on March 12, Wasabi announced a partnership with Qencode to provide high-performance encoding with predictable cloud storage, addressing the rapid growth of data as video libraries transition to 4K, 8K, and VR formats. This followed Wasabi being named a "Leader and Outperformer" in the Innovation/Platform Play quadrant of the GigaOm Radar for Object Storage as a Service, also on March 12, earning the only 5-star rating for cost transparency in the 2026 report.
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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 MASV, Khara and Visium Networks. Wasabi Technologies has suppliers like USA Rugby.
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