Cloud-Storage Firm Wasabi Reaches $1.1 Billion Valuation
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Wasabi Technologies Inc., a Boston-based cloud-storage startup, has reached unicorn status with its latest fundraising.
The company has raised $250 million at a valuation of more than $1.1 billion, according to the company’s chief executive officer. That’s up from the $700 million valuation it fetched in the first of two funding rounds last year.