WEKA

About

WEKA is a global data management provider that delivers a cloud-native, software-based data platform for next-generation workloads.

Campbell,California,United States
251 - 500
http://www.weka.io

Highlights

Details

Last Funding Type: Series D
Last Funding Money Raised: $135M
Industries: Artificial Intelligence,Cloud Storage,Data Center,Information Technology,Software
Founded date: Nov 26, 2013
Number Of Employee: 251 - 500
Operating Status: Active
Legal Name: WekaIO, Inc.
Also Known As: WekaIO

WEKA is the only data management provider that delivers a software-based solution that supports next-generation workloads with uncompromising speed, scale, simplicity, sustainability, and seamless data portability. The WEKA Data Platform is purpose-built for the cloud and AI era. Its advanced cloud-native architecture is optimized to solve complex data challenges, delivering 10-100x performance improvements, whether running on-premises, in the cloud, at the edge, or in hybrid and multi-cloud environments. WEKA is fueling research and discovery breakthroughs and accelerating business outcomes for leading global enterprises – including eight of the Fortune 50. The company operates in over 20 countries and is backed by dozens of world-class investors.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

7

$293.90M

WEKA has raised a total of $293.90M in funding over 2 rounds. Their latest funding was raised on Nov 15, 2022 from a Series D round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 15, 2022	Series D	$135M	16	Generation Investment Management	—	Detail
Jan 4, 2022	Series C	$73M	8	Hitachi Ventures	—	Detail
May 14, 2019	Series C	$31.70M	6	NVIDIA Qualcomm	—	Detail
Feb 1, 2019	Series C	$2.20M	—	—	—	Detail
Jun 7, 2016	Series B	$32M	5	Walden Riverwood Ventures	—	Detail

Investments

Number of Investments

Number of Lead Investments

2

0

WEKA has made 2 investments. Their most recent investment was on Nov 1, 2021, when Glip raised $3M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Nov 1, 2021 Glip	Seed	$3M	Blockchain	—
Jul 8, 2021 Vahak	Seed	$5.30M	Apps	—

Investors

Number of Lead Investors

Number of Investors

6

24

WEKA is funded by 24 investors. Generation Investment Management and Qualcomm are the most recent investors.

Investor Name	Lead Investor	Funding Round
Generation Investment Management	Yes	Series D
Qualcomm	Yes	Series C
Walden Riverwood Ventures	Yes	Series B
10D	—	Series D
Atreides Management	—	Series D
Celesta Capital	—	Series D
Gemini Israel Ventures	—	Series D
Hewlett Packard Enterprise	—	Series D
Hitachi Ventures	—	Series D
Key 1 Capital	—	Series D