Connect with us

Hi, what are you looking for?

Jewish Business News

StartUps

WEKA Raises $140 Million for AI Data Platform

WEKA

WEKA CEO Liran Zvibel.(Photo WEKA)

WEKA, an Israeli startup that offers a data platform for AI, raised $73 million in funding led by Hitachi Ventures. This raise brings the total amount of funds raised by WEKA to $140 million to date. Other investors participating in this round were strategic investors, including Hewlett Packard Enterprise, NVIDIA, Micron, and Cisco. The company will use the funds to accelerate go-to-market activities, operations, and engineering.


Founded in 2013 by Israeli entrepreneurs Liran Zvibel, the CEO, Maor Ben-Dayan and Omri Palmon, Weka offers WekaFS, a modern file system that “empowers organizations to solve the newest, biggest problems holding back innovation.”

Optimized for NVMe and the hybrid cloud, Weka states that it handles storage challenges in the most data-intensive technical computing environments, delivering truly epic performance at any scale. NVM Express (NVMe) or Non-Volatile Memory Host Controller Interface Specification (NVMHCIS) is an open, logical-device interface specification for accessing a computer’s non-volatile storage media usually attached via PCI Express (PCIe) bus.

Weka says that its modern architecture “unlocks the full capabilities of today’s data center, allowing businesses to maximize the value of their high-powered IT investments.”

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

Newsletter



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

History & Archeology

A groundbreaking discovery in the Manot Cave in the Western Galilee, Israel has unearthed the earliest evidence in the Levant (and among the world's...