What is Weka?
WEKA empowers data-driven organizations to seamlessly and sustainably store, process, and manage data virtually anywhere, combining cloud simplicity with on-prem performance. Their software-defined, cloud-native data platform transforms data silos into streaming data pipelines, specifically designed to fuel next-generation workloads such as Artificial Intelligence (AI) and High-Performance Computing (HPC). This capability positions WEKA as a critical enabler for businesses looking to leverage advanced analytics and computational power.
How much funding has Weka raised?
Weka has raised a total of $390.7M across 6 funding rounds:
Series A
$10M
Series C
$31.7M
Debt
$1M
Unspecified
$73M
Series D
$135M
Series E
$140M
Series A (2014): $10M, investors not publicly disclosed
Series C (2018): $31.7M, investors not publicly disclosed
Debt (2020): $1M supported by PPP
Unspecified (2022): $73M featuring Key One Capital Mortgage, NVIDIA, MoreTech Ventures, Hewlett Packard Enterprise, Ibex Investors, Hitachi Ventures, Cisco Systems, and Micron Technology
Series D (2022): $135M backed by 10d, Atreides Management, and Generation Investment Management
Series E (2024): $140M with participation from Ibex Investors, Hitachi Ventures, and Valor Global
Key Investors in Weka
Ibex Investors
Founded in 2003, Ibex Investors is a US-based investment firm targeting outsized returns through niche, non-correlated, differentiated strategies. Ibex Investors is headquartered in Denver, Colorado.
Hitachi Ventures
Hitachi Ventures GmbH is a corporate venture firm that partners with ambitious founders to drive world-changing innovations across four core themes: Digital, Industrial, Environment, and Healthcare. With over $1 billion in assets under management, the company blends Hitachi's global power with innovative speed to support visionary entrepreneurs.
Valor Global
Valor Global provides customer experiences for clients across the globe. Industry leaders in Net Promoter Score (NPS), Customer Satisfaction (CSAT) and employee retention for customer care, account management, first-party collections, and technical support for customers.
What's next for Weka?
With substantial enterprise-level backing, WEKA is poised for accelerated growth and further innovation in its data platform technology. The recent strategic investment is expected to fuel the expansion of its market reach, enhance its product development pipeline, and solidify its position in the competitive AI and HPC infrastructure landscape. This capital infusion will likely support strategic partnerships and the scaling of operations to meet increasing global demand for high-performance data management solutions.
See full Weka company page
