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Wasabi Technologies enhances its presence in Italy by appointing two new market development figures. In January 2026, the company announced a $70 million funding round, valuing it at $1.8 billion, aimed at boosting AI infrastructure expansion and global presence.

Key focuses include cyber resilience and data-intensive workload performance. Wasabi launched Covert Copy for ransomware protection and Wasabi Fire for high-performance storage. The partnership with Retelit integrates Wasabi's cloud storage in Italy, enhancing local data capabilities.