Tech Company Financing Transactions

WekaIO Funding Round

Hewlett Packard Ventures, Mellanox Technologies and NVIDIA participated in a $31.7 million Series C capital raise for WekaIO. The round was announced on 5/15/2019.

Transaction Overview

Company Name
WekaIO
Announced On
5/15/2019
Transaction Type
Venture Equity
Amount
$31,700,000
Round
Series C
Investors

Hewlett Packard Ventures (Paul Glaser)

Mellanox Technologies (Nimrod Gindi)

NVIDIA (Jeffrey Herbst)

Qualcomm Ventures (Quinn Li)

Seagate (Ravi Naik)

Western Digital

Proceeds Purpose
WekaIO plans to use the investment primarily to support the continued acceleration of its market trajectory and international business expansion through increased investments in engineering, sales, and marketing, giving WekaIO Matrix clear market advantage in addressing data intensive applications at scale in key verticals including artificial intelligence (AI), machine learning (ML), life sciences, finance and engineering.

Company Information

Company Status
Private & Independent
Industry
Storage
Mailing Address
2001 Gateway Pl. 400W
San Jose, CA 95110
USA
Phone
(408) 335-0085
Website
www.weka.io
Email Address
[email protected]
Overview
WekaIO has built the world's fastest parallel file system, designed to solve the performance challenges in AI deep learning and technical computing. Matrix, WekaIO's flagship product, leapfrogs legacy storage infrastructures by delivering the highest performance, lowest latency storage at a fraction of the cost or traditional NAS.
Profile
WekaIO LinkedIn Company Profile
Social Media
WekaIO Company Twitter Account
Company News
WekaIO News
Facebook
WekaIO on Facebook
YouTube
WekaIO on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Liran Zvibel
  Liran Zvibel LinkedIn Profile  Liran Zvibel Twitter Account  Liran Zvibel News  Liran Zvibel on Facebook
Chief Operating Officer
Omri Palmon
  Omri Palmon LinkedIn Profile  Omri Palmon Twitter Account  Omri Palmon News  Omri Palmon on Facebook
Chief Technical Officer
Andrew Watson
  Andrew Watson LinkedIn Profile  Andrew Watson Twitter Account  Andrew Watson News  Andrew Watson on Facebook
Co-Founder
Maor Ben-Dayan
  Maor Ben-Dayan LinkedIn Profile  Maor Ben-Dayan Twitter Account  Maor Ben-Dayan News  Maor Ben-Dayan on Facebook
VP - Engineering
Nir Makovski
  Nir Makovski LinkedIn Profile  Nir Makovski Twitter Account  Nir Makovski News  Nir Makovski on Facebook
VP - Marketing
Barbara Murphy
  Barbara Murphy LinkedIn Profile  Barbara Murphy Twitter Account  Barbara Murphy News  Barbara Murphy on Facebook
VP - Sales
Richard Dyke
  Richard Dyke LinkedIn Profile  Richard Dyke Twitter Account  Richard Dyke News  Richard Dyke on Facebook

 

 

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