Limited Time Offer
Get $1000 towards your
first investment
Start investing in private markets with Linqto – your access to disruptive startups and pre-IPO companies.
*Terms and conditions apply. See details
Weka, founded in 2013 and headquartered in Campbell, California, is a leading provider of software-defined, cloud-native data platforms. The company specializes in solutions that enable organizations to efficiently store, process, and manage data with high performance and low latency, catering to next-generation workloads such as AI and high-performance computing (HPC).
Since its inception, Weka has demonstrated significant growth and attracted substantial investment. The company has successfully raised $373.2 million across multiple funding rounds, with its most recent Series E round in May 2024 securing $100 million at a valuation of $1.6 billion. This latest funding round, led by investors including 10D Ventures, Atreides Management, and Generation Investment Management, underscores the strong market interest in Weka's innovative data management solutions.
Weka's impressive funding history and growing valuation have naturally led to speculation about a potential initial public offering (IPO). However, as of now, there are no confirmed reports or official announcements regarding Weka's IPO plans. The company's future decisions regarding going public will likely depend on various factors, including market conditions, financial performance, and strategic goals.
It's worth noting that Weka operates in a competitive landscape, facing established players like Dell EMC, NetApp, and Pure Storage. The company's continued success in attracting investment and its focus on cutting-edge data management solutions for AI and HPC workloads may position it well for future growth opportunities, whether as a private or potentially public entity.
Get $1000 towards your
first investment
*Terms and conditions apply. See details
While Weka's IPO timeline remains uncertain, investors interested in the data storage and AI infrastructure space don't have to wait on the sidelines. At Linqto, we offer accredited investors the opportunity to access interests in promising private companies like Weka before they go public. Our platform provides a unique way to diversify your portfolio with pre-IPO investments in potential industry leaders, with lower minimum investments than traditional private equity opportunities. By investing early through Linqto, you could potentially benefit from Weka's growth in the rapidly evolving AI and data management sector.
*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.
