Qualcomm-Backed WekaIO Snags $31.7M For Scalable File Storage Tech
The list of strategic investors in WekaIO, developer of high-performance, scalable file storage, reads like the who's who of the storage industry.
WekaIO, a developer of high-performance, scalable file systems backed by chipmaker Qualcomm, on Tuesday said it closed a new round of funding from some of the best-known names in storage.
The new Series C round of funding, worth $31.7 million, includes money from Qualcomm, an earlier investor in San Jose, Calif.-based WekaIO, along with new investors Hewlett Packard Enterprise, Mellanox Technologies, Nvidia, Seagate, and Western Digital Capital.
With the new round, total funding in WekaIO comes to $66.7 million. The company came out of stealth in mid-2017.
WekaIO touts itself as developer of the world's fastest parallel file system, with performance of up to seven-times that of all-flash NAS. The company's flagship offering is WekaIO Matrix, a software-based, scale-out storage offering that provides all-flash performance on NVMe, SAS, or SATA storage either on-premises or in public or hybrid clouds.
The company claims WekaIO provides predictable and seamless scaling of performance to offer over 4 Gbytes per second to a single GPU-based or CPU-based server and scale that performance across a cluster, independent of the application.
The software can be deployed on premises on any X86-based hardware, or in a public or hybrid cloud, and provides N+4 data protection, a global namespace for file visibility and management, and the ability to work with flash storage for consistent application performance.
The technology is targeted at high-performance file storage requirements for applications including artificial intelligence, machine learning, life sciences, finance, and engineering, the company said.
WekaIO executives were not available to respond to requests for further information by press time.