Announced
Completed
Financials
Sources
Tags
Private
Private Equity
Completed
Acquisition
Venture Capital
Software
software
United States
Minority
Single Bidder
Cross Border
Friendly
Synopsis
Generation Investment Management, a financial services and investment management firm, led a $135m Series D round in WEKA, the global data platform provider for next-generation workloads, with participation from 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. The new funding will enable the company’s continued investment in developing the WEKA® Data Platform to expand its features and cloud integrations, support new use cases, and accelerate the delivery of innovative solutions to its customers. It will also allow WEKA to reach profitability, fuel significant global expansion, and rapidly scale its cloud, customer success, sales, marketing, operations, and human resources teams.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.