Investment Rationale · Forestay
Investment thesis
Wasabi offers a high-performance, simple, and cost-effective pure-play cloud storage solution for global businesses.
Wasabi’s pure-play cloud storage solution provides a high-performance, simple, and cost-effective solution for businesses across the world.
Product
Wasabi delivers fast, affordable, and reliable cloud storage with no fees for egress or API requests.
Wasabi offers fast, affordable, and reliable cloud storage, aiming to commoditize the industry with no fees for egress or API requests.
Team
Wasabi was co-founded by David Friend and Jeff Flowers.
Co-founded by David Friend and Jeff Flowers, Wasabi offers fast, affordable, and reliable cloud storage, aiming to commoditize the industry with no fees for egress or API requests.
Investment context
The investor made its first investment in Wasabi's Series B round in 2018.
First Investment Series B Date Invested 2018
What founders can learn
- How the team was judged: Forestay wrote that Wasabi was co-founded by David Friend and Jeff Flowers.
Source and provenance
Investment Rationale published by Forestay on forestay.vc (first-party source). Read the original
