Weka.IO Lands $32,000,000 Series B Funding Round

  • Feed Type
  • Date
    6/10/2016
  • Company Name
    Weka.IO
  • Mailing Address
    2001 Gateway Place San Jose, CA 95110 USA
  • Company Description
    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.
  • Website
    http://www.weka.io
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $32,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    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.
  • M&A Terms
  • Venture Investor
    Qualcomm Ventures
  • Venture Investor
    Gemini Israel Funds
  • Venture Investor
    Norwest Venture Partners
  • Venture Investor
    WRV Capital

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