WEKA raises $140M in Series E funding at $1.6B valuation led by Valor Equity Partners
05/15/24, 1:14 PM
Location
campbellMoney raised
$140 million
Industry
software
Round Type
series e
Investors
Atreides Management, Generation Investment Management, Nvidia, Valor Equity Partners
WekaIO (WEKA), the AI-native data platform company, has raised $140 million in an oversubscribed Series E funding round. The round, led by Valor Equity Partners, brings WEKA's post-money valuation to $1.6 billion and will be used to scale its business rapidly, expand its investments in developing its data platform software, and provide liquidity to WEKA employees.
Company Info
Location
campbell, california, united states
Additional Info
WEKA helps data-driven organizations seamlessly and sustainably store, process, and manage data virtually anywhere with cloud simplicity and on-prem performance. Our software-defined, cloud-native data platform turns stagnant data silos into streaming data pipelines that fuel next-generation workloads like AI and HPC.