WekaIO wins tech industry backing in $31.7m round, bags Mellanox as customer

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WekaIO, the California analytics storage startup, has lined up a bunch of industry heavyweights to support its $31.7m C funding round.

They include HPE, Nvidia, Seagate, Western Digital Capital, Mellanox and Qualcomm, a previous investor.

In a press statement today, WekaIO said it will spend the money to bolster engineering, sales and marketing and to support overseas expansion,

To date the company has raised $66.7m at an unspecified valuation.

It has been a good few days for Weka which last week announced Mellanox as a customer.

Mellanox makes fast Ethernet and InfiniBand switches and will soon be a subsidiary of Nvidia, which agreed to buy the company in March 2019.

Mellanox switches are likely to carry WekaIO Matrix file data in high-performance computing (HPC) sites, with the data destined to be processed by Nvidia GPUs.

Mellanox uses Matrix in-house to gain faster access to data in its electronic design automation (EDA) workflow. It hopes to enable the design of more complex application specific integrated circuits (ASICS). The company said it bought Matrix because it was linearly scalable and supports InfiniBand.

Mellanox sells its switches into the HPC, artificial intelligence, enterprise data centres, cyber security, storage, and financial services markets, which are also served by WekaIO. It said the two companies share many joint customer deployments with deep learning workflows.

Mellanox said deep learning is computationally and data intensive, especially in the inference phase, and Matrix is well suited for this application. DL is also used in its own EDA workflows.

ConnectX 100Gb Ethernet networking from Mellanox was used in the WekaIO Matrix cluster design that broke performance records for the SPEC SFS 2014 and IO500 10 Node Challenge benchmarks.