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

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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. Today the Boston-based startup announced a $112 million Series C investment on a $700 million valuation. Fidelity Management & Research Company led the round with participation from previous…
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