WekaIO
Latest round
- Series E
Last raised
- May 2024
Total raised
- $380M
Investors
- 23
About WekaIO
WekaIO, Inc.Founded in 2013 in Campbell, California, WekaIO, Inc. focuses on providing high-performance storage solutions for AI applications.WEKA's core offering is the NeuralMesh™ storage system, designed specifically to enhance artificial intelligence (AI) performance and efficiency. Launched to cater to the growing demands of the AI era, NeuralMesh provides ultra-low latency and high scalability, enabling organizations to leverage vast amounts of data seamlessly across diverse environments such as on-premises, bare metal, and multicloud. The adaptive architecture of NeuralMesh is engineered to support a wide array of users, including AI innovators, research teams, and enterprises across various industries, including federal government, financial services, healthcare and life sciences, and media and entertainment. Notable clients include Stability AI and Cohere, who have reported substantial gains in performance and cost efficiency through WEKA's technology.WEKA generates revenue primarily through B2B partnerships and direct sales of its NeuralMesh storage solutions. The transaction structure typically involves subscription models and service agreements, allowing clients to access the technology based on their specific requirements and workloads. Organizations might engage in enterprise agreements that grant them scalable access to the NeuralMesh platform, ensuring they can adapt their storage capabilities as their data needs evolve. Specific pricing plans for these offerings are tailored to the unique needs of each client, reflecting the complexity and size of their AI projects.WekaIO, Inc. The company is actively working on upcoming enhancements to its NeuralMesh storage system, although specific release dates have not been disclosed. Additionally, WekaIO aims to expand its presence in emerging markets, particularly targeting regions in Asia by the end of 2024. This growth strategy aligns with the company's commitment to meet the increasing demands for AI infrastructure solutions.
Who invested in WekaIO
23 investors across 6 rounds
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Questions about WekaIO
Who invested in WekaIO?
WekaIO has 23 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has WekaIO raised?
WekaIO has raised 6 venture rounds. Sign up free to see how much each round raised and the total.
When did WekaIO last raise money?
WekaIO's most recent round on record is a Series E, in May 2024.
What does WekaIO do?
WekaIO is a software company.
Where is WekaIO headquartered?
WekaIO is headquartered in Campbell, US.
Which VCs invest in companies like WekaIO?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at WekaIO's stage. Their profiles are linked below.
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