Wasabi Hot Cloud Storage

A hot cloud storage company founded by Jeff Flowers and David Friend, operating 16 enterprise-class storage regions worldwide in SOC-2, ISO 27001, and PCI-DSS certified data centers, providing S3-compatible object storage at up to 80 percent lower cost than hyperscaler alternatives with zero fees for egress, API requests, or data transfer. The platform serves customers including Liverpool Football Club as Official Cloud Storage Partner, Boston Bruins and TD Garden, Boston Red Sox through Fenway Sports Group, BBC, Legendary Pictures, Cornell University storing two petabytes with fewer support tickets than fingers on one hand, and Imperial College Healthcare NHS Trust selecting the platform over AWS and Azure for significant cost advantages. The Covert Copy technology creates invisible, indestructible copies of data for enhanced ransomware protection, complementing immutability and Multi-User Authorization features. Compliance certifications cover HIPAA, GDPR, and FERPA for healthcare, education, and regulated industries, with built-in compliance for backup, media production, video surveillance, and data migration use cases. The company raised 250 million dollars in a credit facility backed by Bain Capital, BTG Pactual, Neuberger Specialty Finance, Energy Impact Partners, and Aksia, plus 70 million dollars in new equity, and acquired Seagate's Lyve Cloud business to consolidate market position. Technology alliance partnerships include Dell Technologies for hybrid cloud storage extension through PowerProtect, PowerScale, and ObjectScale, and IBM for hybrid cloud workload management across on-premises, cloud, and edge environments.