Nov 15, 2022

Weka , a Campbell, CA-based provider of a data platform for next-generation workloads, raised $135M in Series D funding. The round was led by Generation Investment Management, with participation from 10D, Atreides Management, Celesta Capital, Gemini Ventures, Hewlett Packard Enterprise, Hitachi Ventures, Key1 Capital, Lumir Ventures, Micron Ventures, Mirae Asset Capital, MoreTech Ventures, Norwest Venture Partners, NVIDIA, Qualcomm Ventures, and Samsung Catalyst Fund. 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. Led by CEO Liran Zvibel, Weka is a data management provider that delivers a software-based solution that supports next-generation workloads with sustainability, and seamless data portability. Its Data Platform is purpose-built for the cloud and AI era. Its cloud-native architecture is optimized to solve complex data challenges, delivering performance improvements, whether running on-premises, in the cloud, at the edge, or in hybrid and multicloud environments. The company operates in over 20 countries and is backed by dozens of world-class investors. FinSMEs 15/11/2022