WEKA Increases Funding to $140M
Summary
CAMPBELL, CA, WEKA, the data platform for AI, today announced that Hitachi Ventures led its recent round raising $73 million in funding, which brings the total amount raised to $140 million. The company will use the funds to accelerate go-to-market activities, operations, and engineering. WekaIO (WEKA), the leading data platform for achieving first-to-market results in artificial intelligence/machine learning (AI/ML), life sciences research, and high-performance computing (HPC) is used by eight of the Fortune 50 enterprise organizations to uniquely solve the newest, biggest problems holding back innovation and discovery. Optimized for NVMe-flash and the hybrid cloud, its advanced architecture handles the most demanding storage challenges in the most data-intensive technical computing environments, delivering truly epic performance at any scale, enabling organizations to maximize the full value of their data center investments. WEKA helps the enterprise solve big IT infrastructure problems to accelerate business outcomes and speed productivity.