Data Storage Startup Weka.IO Raises $32M

June 7, 2016 | Israeli data storage company Weka.IO Ltd. announced today the closing of Series B funding, with participation from Qualcomm Incorporated, through its venture investment group, Qualcomm Ventures, Gemini Israel Ventures, Norwest Venture Partners, WRV II, L.P. and several individual investors. This new investment round brings the total capital raised to over $32 million. 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 at its offices in Tel Aviv and San Jose, California. Founded in 2013, Weka.IO’s software defined storage (SDS) technology is transforming enterprise and cloud storage by radically simplifying the way storage is deployed in the datacenter.