The round was led by Generation Investment Management. Several notable new and existing investors also contributed, including 10D, Atreides Management, Celesta Capital, Gemini Israel Ventures, Hewlett Packard Enterprise, Hitachi Ventures, Key1 Capital, Lumir Ventures, Micron Ventures, Mirae Asset Capital, MoreTech Ventures, Norwest Venture Partners, NVIDIA, Qualcomm Ventures, and Samsung Catalyst Fund. Despite recent volatility and uncertainty in the global financial markets that have widely impacted startup valuations and investments, the company also doubled its previous valuation in the round.

WEKA is the only data management provider that delivers a software-based solution that supports next-generation workloads with uncompromising speed, scale, simplicity, sustainability, and seamless data portability. The WEKA® Data Platform is purpose-built for the cloud and AI era. Its advanced cloud-native architecture is optimized to solve complex data challenges, delivering 10-100x performance improvements, whether running on-premises, in the cloud, at the edge, or in hybrid and multicloud environments. WEKA is fueling research and discovery breakthroughs and accelerates business outcomes for leading global enterprises - including eight of the Fortune 50. The company operates in over 20 countries and is backed by dozens of world-class investors.