Tech Company Financing Transactions
Weka.IO Funding Round
Weka.IO, operating out of San Jose, secured $135 million from Generation Investment Management, 10D and Atreides Management LP.
Transaction Overview
Company Name
Announced On
11/15/2022
Transaction Type
Venture Equity
Amount
$135,000,000
Round
Series D
Investors
Proceeds Purpose
The company intends to use the funds to continue to invest in developing the WEKA Data Platform to expand its features and cloud integrations, support new use cases, and accelerate the delivery of innovative solutions to its customers. This round also allow WEKA to reach profitability, accelerate global expansion, and scale its cloud, customer success, sales, marketing,operations, and human resources teams.
Company Information
Company Status
Private & Independent
Industry
Storage
Mailing Address
2001 Gateway Pl. 400W
San Jose, CA 95110
USA
San Jose, CA 95110
USA
Phone
Website
Email Address
Overview
Weka.IO software defined storage (SDS) technology is transforming enterprise and cloud storage by radically simplifying the way storage is deployed in the datacenter. Weka.IO was founded in 2013 and funded by leading venture and strategic investors.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 11/15/2022: CG Oncology venture capital transaction
Next: 11/15/2022: TVision Insights venture capital transaction
Share this article
News on VC Transactions
We do our best to document funding rounds that are announced publicly. All VC database entries on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs