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Venture Capital News: Wasabi Technologies Inks Series D Round

2022-12-07
BOSTON, MA, Wasabi Technologies, a storage company, completed its Series D funding round with an additional $15 million in new equity.
Wasabi Technologies, the hot cloud storage company, completed its Series D funding round with an additional $15 million in new equity headlined by Azura, SiS Cloud Global Tech Fund 8, and existing investors including Prosperity7 Ventures. Following $125M in equity closed in September 2022, the additional funding brings Wasabi's Series D to $140 million. Along with its existing debt facility, the company has now raised over $500M to date, most recently on a $1.1B valuation.
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