[2] The company was co-founded in September 2015 by David Friend and Jeff Flowers and launched its cloud storage product in May 2017.

[3] Friend and Flowers were previously co-founders of Carbonite, an online backup service, among other companies.

[4] Friend also previously launched ARP Instruments, Computer Pictures, Pilot Software, and Faxnet.

[5][6] The company was initially called "BlueArchive" at its founding, but was later renamed to "Wasabi Technologies, Inc." after hot Japanese horseradish.

[3] Wasabi Technologies, Inc. was launched with a single data center location in Ashburn, Virginia.