TLDR:
- WekaIO has raised $140 million in a Series E funding round led by Valor Equity Partners.
- The funding will be used to scale the business to meet the increasing demand for AI-native data infrastructure.
WekaIO, an AI-native data platform company, has secured $140 million in a Series E funding round led by Valor Equity Partners. The round, which brings WekaIO’s post-money valuation to $1.6 billion, will help the company scale its business rapidly to meet the growing global demand for AI-native data infrastructure. The funding will also be used to expand investments in developing its data platform software and providing liquidity to WekaIO employees.
With over 300 of the world’s largest AI and GPU deployments running on the Weka Data Platform, the investment comes at a time of significant business growth for WekaIO. The Series E round was raised entirely with existing investors, demonstrating their confidence in the company’s transformative technology. Valor Equity Partners CEO Antonio Gracias will join WekaIO’s board of directors, bringing valuable experience to help the company navigate its next phase of growth.
Since its founding in 2013, WekaIO has been pioneering a new approach to enterprise data infrastructure in the AI era. The company’s software can be deployed anywhere, delivering unparalleled speed, simplicity, scale, and sustainability for GPUs, AI, and other performance-intensive workloads. The recent funding round underscores investor confidence in WekaIO’s technology and its potential to revolutionize modern enterprise data infrastructure.
