How Much Did Weka Raise?
Funding & Key Investors

Weka, a pioneer in software-defined, cloud-native data platforms, has successfully secured a major strategic investment, bringing its total capital raised to $390.7M. This latest infusion of $140M underscores the company's pivotal role in modernizing data architecture for high-performance computing and artificial intelligence workloads. By transforming stagnant data silos into dynamic, streaming pipelines, Weka continues to attract significant backing from industry leaders and institutional investors alike, solidifying its trajectory as a critical component of the global enterprise data ecosystem.

What is Weka?

Weka
SoftwareStorage & System Management Software

Weka provides a sophisticated data platform designed to help data-driven organizations store, process, and manage information with cloud-like simplicity and on-premises performance. The company's software-defined architecture is engineered to support next-generation workloads, including AI, machine learning, and high-performance computing (HPC). By enabling seamless data access across hybrid and multi-cloud environments, Weka addresses the growing demand for low-latency, high-throughput storage solutions that can scale alongside the exponential growth of enterprise data requirements.

How much funding has Weka raised?

Weka has raised a total of $390.7M across 6 funding rounds:

2014

Series A

$10M

2018

Series C

$31.7M

2020

Debt

$1M

2022

Unspecified

$73M

Series D

$135M

2024

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 Hitachi Ventures, Cisco, Micron, NVIDIA, MoreTech VC, Ibex Investors, Hewlett Packard Enterprise, and Key One Capital Mortgage

Series D (2022): $135M backed by Atreides Management, Generation Investment Management, and 10d

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, and differentiated strategies.

Hitachi Ventures

Hitachi Ventures is a corporate venture firm that partners with ambitious founders to drive innovations across digital, industrial, environmental, and healthcare sectors.

Valor Global

Valor Global is a customer experience firm specializing in technical support, account management, and high-performance customer care solutions.

What's next for Weka?

With the completion of its latest financing round, Weka is well-positioned to accelerate its market expansion and deepen its technological moat. The company is expected to focus on enhancing its data fabric capabilities, further integrating with AI-centric hardware ecosystems, and scaling its global sales operations to meet the needs of large-scale enterprise clients. As organizations increasingly prioritize AI-ready infrastructure, Weka's ability to bridge the gap between legacy storage constraints and modern computational demands will be central to its long-term growth strategy and competitive positioning in the data management sector.

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Frequently Asked Questions Regarding Weka Financial Insights

What are the most recent funding rounds that Weka has completed, and what were the funding rounds?
Weka has recently completed 3 funding rounds: Series E on May 15, 2024, Series D on Nov 15, 2022, Unspecified on Jan 4, 2022.
What is the total amount of funding Weka has raised to date?
Weka has raised a total of $390.7M in funding to date.
How many funding rounds has Weka completed?
Weka has completed 3 funding rounds.
How much funding did Weka raise in its most recent funding round?
Weka raised $140M in its most recent funding round.
Who are the lead investors in Weka's latest funding round?
The lead investor in Weka's latest funding round was Ibex Investors. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Weka's history?
The largest funding round in Weka's history was $140M.
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