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Cloud storage startup Wasabi raises $250M to reach unicorn status

TechCrunch

The cloud services sector is still dominated by Amazon and the other so-called “hyperscalers” — e.g. the Microsoft Azures, Google Cloud Platforms and IBM Clouds of the world. ” Friend and Flowers joined forces in 2015 to start Wasabi, when Friend was still the CEO of cloud backup company Carbonite. .

Storage 224
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Wasabi scores $112M Series C on $700M valuation to take on cloud storage hyperscalers

TechCrunch

Taking on Amazon S3 in the cloud storage game would seem to be a fool-hearty proposition, but Wasabi has found a way to build storage cheaply and pass the savings onto customers. Wasabi storage starts at $5.99 Wasabi just landed $68 million to upend cloud storage. per terabyte per month.

Storage 218
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No refactoring required: A painless path to cloud adoption

CIO

Cloud computing has been a major force in enterprise technology for two decades. But according to a Barclays report issued last year, only 42% of workloads reside in the public cloud , despite the benefits of running workloads in the cloud. Retraining admins on new tools to manage cloud environments requires time and money.

Cloud 88
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10 most in-demand enterprise IT skills

CIO

And part of that success comes from investing in talented IT pros who have the skills necessary to work with your organizations preferred technology platforms, from the database to the cloud. AWS Amazon Web Services (AWS) is the most widely used cloud platform today.

UI/UX 203
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Gartner projects major IT spending increases for 2025

CIO

While AI projects will continue beyond 2025, many organizations’ software spending will be driven more by other enterprise needs like CRM and cloud computing, Lovelock says. The rapid accumulation of data requires more sophisticated data management and analytics solutions, driving up costs in storage and processing,” he says.

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Navigating the future of national tech independence with sovereign AI

CIO

The Data Act aims to create new markets by making available device data not just to manufacturers but also users and third parties, it regulates among other things fair contract terms for data sharing and specific requirements to enable switching between cloud providers. high-performance computing GPU), data centers, and energy.

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11:11 Systems: Empowering enterprises to modernize, protect, and manage their IT assets and data

CIO

Virtually every company relied on cloud, connectivity, and security solutions, but no technology organization provided all three. Leaders across every industry depend on its resilient cloud platform operated by a team of industry veterans and experts with extensive networking, connectivity, and security expertise.