Tech Company Financing Transactions
Weka.IO Funding Round
Gemini Israel Funds, Norwest Venture Partners and Qualcomm Ventures participated in a $32 million Series B funding round for Weka.IO. The funding round was announced on 6/10/2016.
Transaction Overview
Company Name
Announced On
6/10/2016
Transaction Type
Venture Equity
Amount
$32,000,000
Round
Series B
Investors
Proceeds Purpose
The new funding will be used to accelerate Weka.IO's go-to-market strategy, with immediate plans to expand sales and marketing in the USA. The company will also apply the funds to continue building an exceptional engineering team in Tel Aviv, Israel and San Jose, USA.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Liran Zvibel
Chief Operating Officer
Omri Palmon
Chief Technical Officer
Andrew Watson
VP - Engineering
Nir Makovski
VP - Marketing
Barbara Murphy
VP - Sales
Richard Dyke
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