Tech Company Financing Transactions

Wasabi Technologies Funding Round

Wasabi Technologies, based in Boston, raised $68 million in funding from Forestay Capital and private investors.

Transaction Overview

Announced On
Transaction Type
Venture Equity
Series B

Forestay Capital (Frederic Wohlwend)

Proceeds Purpose
The Series B financing will allow Wasabi to expand internationally, continue to invest in our brand, and enable us to compete for the largest storage deals in the world.

Company Information

Company Status
Private & Independent
Mailing Address
111 Huntington Ave.
Boston, MA 02119
Email Address
Wasabi is the hot storage company. Hot storage is fast to write, low-cost, and reliable cloud storage. Wasabi delivers fast, low-cost, and reliable cloud storage. Amazon locks companies into their expensive storage and nobody likes vendor lock-in. Wasabi hot storage is 1/5th the price and 6x the speed of S3.
Wasabi Technologies LinkedIn Company Profile
Social Media
Wasabi Technologies Company Twitter Account
Company News
Wasabi Technologies News
Wasabi Technologies on Facebook
Wasabi Technologies on YouTube

Management Team

Email & Social
Chief Executive Officer
David Friend
  David Friend LinkedIn Profile  David Friend Twitter Account  David Friend News  David Friend on Facebook
Chief Financial Officer
Michael Bayer
  Michael Bayer LinkedIn Profile  Michael Bayer Twitter Account  Michael Bayer News  Michael Bayer on Facebook
Chief Marketing Officer
Michael Welts
  Michael Welts LinkedIn Profile  Michael Welts Twitter Account  Michael Welts News  Michael Welts on Facebook
Chief Operating Officer
Marty Falaro
  Marty Falaro LinkedIn Profile  Marty Falaro Twitter Account  Marty Falaro News  Marty Falaro on Facebook
Chief Technical Officer
Jeffrey Flowers
  Jeffrey Flowers LinkedIn Profile  Jeffrey Flowers Twitter Account  Jeffrey Flowers News  Jeffrey Flowers on Facebook
Vice President
Kurt Bertone
  Kurt Bertone LinkedIn Profile  Kurt Bertone Twitter Account  Kurt Bertone News  Kurt Bertone on Facebook
Vice President
Kaz Kuroda
  Kaz Kuroda LinkedIn Profile  Kaz Kuroda Twitter Account  Kaz Kuroda News  Kaz Kuroda on Facebook
VP - Marketing
Laurie Mitchell
  Laurie Mitchell LinkedIn Profile  Laurie Mitchell Twitter Account  Laurie Mitchell News  Laurie Mitchell on Facebook
VP - Operations
Vin Antarkar
  Vin Antarkar LinkedIn Profile  Vin Antarkar Twitter Account  Vin Antarkar News  Vin Antarkar on Facebook
VP - Product Management
James Donovan
  James Donovan LinkedIn Profile  James Donovan Twitter Account  James Donovan News  James Donovan on Facebook
VP - Regulatory Affairs
Mark Irivinti
  Mark Irivinti LinkedIn Profile  Mark Irivinti Twitter Account  Mark Irivinti News  Mark Irivinti on Facebook
VP - Sales
Richard Czech
  Richard Czech LinkedIn Profile  Richard Czech Twitter Account  Richard Czech News  Richard Czech on Facebook
VP - Sales
Whit Jackson
  Whit Jackson LinkedIn Profile  Whit Jackson Twitter Account  Whit Jackson News  Whit Jackson on Facebook
VP - Sales
Sue Nolin
  Sue Nolin LinkedIn Profile  Sue Nolin Twitter Account  Sue Nolin News  Sue Nolin on Facebook



Browse more venture capital transactions:

Prev: 9/13/2018: Seed CX venture capital transaction
Next: 9/13/2018: RapidRatings venture capital transaction


Share this article


News on VC Transactions

We do our best to document every notable VC transaction. VC transactions on this site are sourced from a variety of public sources. The information comes to us via our partnership with, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary