How Much Did Weka Raise?
Funding & Key Investors

Weka, a pioneer in high-performance data infrastructure, has successfully secured a major strategic investment, further solidifying its position as a critical layer in the modern enterprise technology stack. This latest capital injection brings the company's $390.7M to a new milestone, reflecting sustained investor confidence in its software-defined, cloud-native data platform. The recent $140M underscores the market's urgent demand for scalable solutions capable of managing the massive data throughput required by next-generation artificial intelligence and high-performance computing workloads.

What is Weka?

Weka
SoftwareStorage & System Management Software

Weka provides a transformative software-defined data platform designed to eliminate the inefficiencies of stagnant data silos. By enabling organizations to seamlessly store, process, and manage data across hybrid and multi-cloud environments, Weka delivers the performance of on-premises infrastructure with the agility and simplicity of the cloud. The company's architecture is specifically engineered to fuel streaming data pipelines, making it an essential component for enterprises navigating the complexities of AI-driven digital transformation and large-scale data analytics.

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

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

Series E (2024): $140M with participation from Hitachi Ventures, Ibex Investors, and Valor Global

Key Investors in Weka

NVIDIA

NVIDIA is a global leader in graphics processing units and artificial intelligence computing solutions, powering high-performance data centers and machine learning platforms.

Hewlett Packard Enterprise

Hewlett Packard Enterprise provides comprehensive IT solutions, including high-performance computing, storage, and AI-optimized infrastructure for large-scale enterprise groups.

Hitachi Ventures

Hitachi Ventures is the corporate venture arm of Hitachi, focusing on digital, industrial, and environmental innovations to support intelligent infrastructure and sustainable industry practices.

What's next for Weka?

With this latest infusion of capital, Weka is well-positioned to accelerate its product roadmap and expand its global footprint. The company is expected to focus on deepening its integration with major cloud service providers and enhancing its data fabric capabilities to support increasingly complex AI models. As enterprise reliance on high-performance data pipelines grows, Weka's strategic focus on sustainability and performance will likely drive further adoption among data-intensive industries, positioning the firm for continued growth in the competitive enterprise storage landscape.

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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 Hitachi Ventures. 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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