File Storage Company WekaIO Raises $31.7M in Series C Funding


May 19, 2019 - WekaIO, a file storage company delivering a NVMe-native high-performance software-defined storage solution that removes barriers between the data and the compute layer, has closed $31.7 million in a Series C funding round fueled by existing investors and new strategic investors from the storage industry, including Hewlett Packard Enterprise (HPE), Mellanox Technologies, NVIDIA, Seagate, and Western Digital Capital, alongside Qualcomm which invested previously.

WekaIO addresses data intensive applications at scale in key verticals including artificial intelligence (AI), machine learning (ML), life sciences, finance and engineering. The company plans to use the investment primarily to [...][... Check source for end of article ...]
Tags: Cloud Hosting News AI applications Artificial Intelligence cloud storage Data file storage Funding HJ HPE Investment Jeff Herbst Liran Zvibel machine learning mellanox nvidia NVMe qualcomm seagate software defined storage WD WekaIO WesternDigital

Reads: 304 | Category: General | Source: Hosting Jurnalist : Hosting Jurnalist | Author: Jos Jaspers
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