Hot cloud storage at predictable pricing with no egress fees, positioned for AI workloads against the hyperscalers.
| Date | Round | Amount |
|---|---|---|
| Jan 2026 | Funding round Wasabi Technologies raised $70 million in new equity at a $1.8 billion valuation, led by L2 Point Management with Pure Storage, to expand its cloud storage for AI. | $70M |
| Dec 2022 | Series D Plus Boston cloud-storage company Wasabi Technologies closed an additional $15M in its Series D from Azura, SiS Cloud Global Tech Fund 8 and existing investors, bringing the round to $140M. | $15M |
| Sep 2022 | Series D Plus Wasabi Technologies, a US hot cloud-storage company, raised $250M Series D (split equity and debt) led by L2 Point Management at a $1.1B valuation. | $250M |
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