Overview
Wasabi Technologies has raised $70 million in an equity round led by L2 Point Management, with participation from Pure Storage and existing investor Fidelity Management & Research Company. This funding values the cloud storage provider at $1.8 billion and aims to enhance its AI-first cloud storage solutions.
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Investors: L2 Point Management, Pure Storage, Fidelity Management & Research Company
Wasabi Technologies has raised $70 million in an equity round led by L2 Point Management, with participation from Pure Storage and existing investor Fidelity Management & Research Company. This funding values the cloud storage provider at $1.8 billion and aims to enhance its AI-first cloud storage solutions.