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March Edition 2020

Wasabi– Challenging hardware storage Giants with Innovative and Disrupting Pricing Model


We live in an Information technology era, where data is becoming the lifeline of several businesses today. The ability to affordably, reliably, quickly, and securely leverage data will determine the success or failure of any organization. Though many organizations understand the significance of data, they have not yet made the shift to reality. Infinitely abundant cloud storage is not an option anymore it is a necessity that embraces next-generation cloud storage, which is inevitable.

Wasabi is a game-changing cloud storage expert that leverages leading-edge cloud technology that affordably stores an infinite amount of data. Wasabi's storage is enterprise-class, tier-free, and is instantly available. The firm provides an S3-compliant interface to use with storage applications, gateways, and other platforms, meaning that all the existing S3 storage management applications and tools work seamlessly with Wasabi. The firm is making data storage not only a necessity but also a commodity.

Reliable products furnished by Wasabi

Hot Cloud Storage Platform

Exponential data growth shouldn't automatically translate to astronomical data storage and data tier management costs. Wasabi recognizes that while not all data is created equally, with the rapid advancements in Artificial Intelligence. Every piece of data has the potential to reshape and transform businesses.

Wasabi Hot Cloud Storage is a universal, one size that fits all cloud object storage service that eliminates confusing storage tiers and satisfies nearly all storage performance requirements. Hot Cloud Storage costs less than traditional cold storage service and is significantly faster than traditional frequent-access storage services. With Wasabi Hot Cloud Storage all data is treated equally and made readily accessible no matter how the customer classifies it, hot, cool or cold. Hot Cloud Storage is low-cost, durable, and highly available secure cloud storage with no tier-based latency delays. The cloud storage platform uses one tier to fit all your needs. It is extremely affordable, fast, and reliable cloud object storage for any purpose.

Cloud Storage Security

Physical Security

Wasabi uses only premier tier 4 datacenter facilities. Each site is staffed 24/7* with onsite security and to protect against unauthorized entry. Each site has security cameras that monitor both the facility premises as well as each area of the datacenter internally. There are biometric readers for access combined with two-factor authentication to gain access to the building. Each facility is unmarked so as not to draw any additional attention from the outside and adheres to strict local and federal government standards.

Storage Data Security

Wasabi is secure by default and all data stored in the Wasabi cloud is always encrypted at rest (even if the requesting party doesn't specify encryption). Wasabi follows industry-best security models and security design practices. Examples of Wasabi security features include:

  • HTTPS – supported for the secure upload/download of data
  • Buckets are only accessible to the bucket and object creators
  • Wasabi supports user authentication to control access to data (including support for the AWS IAM model)
  • Access control mechanisms such as bucket policies and Access Control Lists (ACLs) can be used to selectively grant permissions to users and groups of users

Credit Card Security

Wasabi hands-off credit card processing to Stripe, powers the online transactions for thousands of business and SaaS platforms. Stripe also complies with strict PCI standards in the storage and handling of the credit card information.

Communications Security

All communications with Wasabi are transmitted over SSL (HTTPS) for both access to the public website as well as the S3 storage and IAM APIs.

The Three P's of Wasabi are:

Price: As the firm provides 80 percent less price than Amazon Web Services (AWS), there are no egress charges, no API request changes.

Performance:It is faster than the competition with quick uploads, downloads, and private network options.

Protection: The firm provides 11x9s data durability with redundant data centers and immutable storage.

Meet the Mastermind behind the triumph of Wasabi

David Friend is the co-founder, President and also serves as the Chief Executive Officer of Wasabi. His first company, ARP Instruments developed synthesizers used by Stevie Wonder, David Bowie, Led Zeppelin, and even helped Steven Spielberg communicate with aliens providing that legendary five-note communication in Close Encounters of the ThirdKind. Mr. David Friend also co-founded five other companies: Computer Pictures Corporation, Pilot Software, Faxnet, Sonexis, and Carbonite.

Mr. Friend is a respected philanthropist and is on the board of Berklee College of Music, where there is a concert hall named in his honor. He also serves as the president of the board of Boston Baroque, an orchestra and chorus that has received 7 Grammy nominations. He is an avid mineral and gem collector who has donated funds to build Friend Gem and Mineral Hall at the Yale Peabody Museum of Natural History.

David graduated from Yale University and attended the Princeton University Graduate School of Engineering where he was a David Sarnoff Fellow.

"Wasabi is on a mission to make cloud storage a simple commodity and utility, just like electricity."