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Primeur weekly 2019-05-20

Quantum computing

D-Wave makes new lower-noise quantum processor available in Leap ...

Atos delivers world's highest-performing quantum simulator to multinational energy company Total ...

Digital quantum simulators can be astonishingly robust ...

Generating high-quality single photons for quantum computing ...

Quantum world-first: researchers reveal accuracy of two-qubit calculations in silicon ...

Accelerating quantum technologies with materials processing at the atomic scale ...

Focus on Europe

GCS grants more than 1 billion computing core hours to national large-scale research projects ...

GCS announces new Chair of the Board, Prof. Dr. Dieter Kranzlmüller ...

Applications to 19th PRACE Project Access Call ...

PRACE Awards @ EuroHPC Summit Week 2019 ...

ISC High Performance announce David Keyes as 2020 Programme Chair ...

National eScience Symposium 2019 to cover Digital Challenges in Open Science ...

Middleware

RedLine becomes Bright Computing Services Partner ...

eSilicon chooses Univa to manage complex ASIC chip designs for high-bandwidth networking, high-performance computing, AI and 5G infrastructure applications ...

Hardware

Boston Limited to officially launch operations in South Africa during a series of High-Performance Computing (HPC) events hosted by the Centre for High-Performance Computing (CHPC) ...

HPE to acquire supercomputing vendor Cray ...

China to build new national supercomputing centre ...

Mellanox Capital invests in storage experts Excelero and WekaIO ...

Mellanox introduces advanced Network Telemetry technology to keep your business up and running ...

Supermicro announces third quarter fiscal 2019 preliminary financial information and files 2017 form 10-K and form 10-Q/As ...

Atos launches the world's highest performing Edge Computing server ...

NVIDIA announces financial results for first quarter fiscal 2020 ...

NERSC's Edison supercomputer to retire after five years of service ...

WekaIO raises $31,7 million in Series C funding ...

Energy free superfast computing invented by scientists using light pulses ...

Applications

Atos launches myQLM to democratize quantum programming for researchers, students and developers worldwide ...

A step towards probabilistic computing ...

CosmoGAN: Training a neural network to study dark matter ...

New AI sees like a human, filling in the blanks ...

WekaIO raises $31,7 million in Series C funding

14 May 2019 San Jose - WekaIO, an innovation expert in high-performance, scalable file storage for data-intensive applications, has closed $31,7 million in a Series C funding round fueled by existing investors and new strategic investors from the storage industry, including Hewlett Packard Enterprise (HPE), Mellanox Technologies, NVIDIA, Seagate, and Western Digital Capital, the strategic investment fund of Western Digital Corp. (WDC), alongside Qualcomm which invested previously. The new funding brings the company's total capital raised to $66,7 million.

WekaIO plans to use the investment primarily to support the continued acceleration of its market trajectory and international business expansion through increased investments in engineering, sales, and marketing, giving WekaIO Matrix clear market advantage in addressing data intensive applications at scale in key verticals including artificial intelligence (AI), machine learning (ML), life sciences, finance and engineering.

Matrix, the world's fastest file system and WekaIO's flagship product, is widely used by customers with I/O intensive workloads commonly found in AI, ML, high velocity analytics, and high-performance computing (HPC). WekaIO delivers its patented software on pre-engineered solutions with HPE, Supermicro, and Western Digital or it can be installed on any industry-standard Intel x86-based server or used on the AWS Cloud to deliver enterprise grade HPC at Cloud-scale economics.

The company's capacity-based pricing model allows customers to start small and scale as their needs grow. Matrix tightly integrates object storage for best economics at scale and supports features such as snapshots, Cloud back-up and disaster recovery, alongside multi-protocol support including NFS and SMB. The NVMe-optimized and POSIX-compliant file system delivers the industry's leading performance and the lowest latency, as measured by independent SPEC SFS 2014 benchmark testing and VI4IO's 10 Node Challenge list.

"This latest round of financing sets the stage for substantial growth and allows us to continue our mission to deliver an enterprise grade HPC storage solution at Cloud-scale economics", stated Liran Zvibel, CEO and co-founder of WekaIO. "Modern workloads need a modern file system and legacy solutions just can't keep pace. In under two years since our launch from stealth, we've been lauded with industry awards and accolades, been validated in production environments with leading enterprise organizations, and broken records on industry leading benchmark tests beating out some of the world's largest supercomputers. This additional capital will allow us to increase our presence worldwide and continue to innovate in order to exceed the evolving needs of our customers."

"We are seeing an explosion of artificial intelligence, machine and deep learning along with high-performance computing in the enterprise market", stated Paul Glaser, Head of Pathfinder, HPE. "By combining HPE's industry-leading server architecture with WekaIO's performance-leading software in an integrated, tested and validated package, we can deliver best of breed solutions to our customers. This is a great example of HPE’s Pathfinder program that seeks to partner with emerging companies that are strategically aligned with HPE to drive innovative customer solutions and benefits."

"We have been demonstrating performance improvements for mutual customers with WekaIO since they launched from stealth in 2017. The combination of Matrix software and Mellanox Ethernet and InfiniBand adapters delivers a high-performance storage solution that can address a broad range of use cases in AI, machine learning, High Performance Computing and high velocity analytics", commented Nimrod Gindi, Senior Vice President of M&A and Head of Investments, Mellanox Technologies. "We are enthusiastic to support WekaIO in this round of funding to encourage the development of emerging technologies, like Matrix."

"As the world leader in accelerated computing, NVIDIA is at the forefront of AI innovation", added Jeff Herbst, Vice President of Business Development, NVIDIA. "WekaIO has pioneered an impressive modern parallel file system that delivers important capabilities to accelerate AI and workloads at scale - with high throughput, high bandwidth and low latency data access to GPU-based servers."

"With the increase of data-hungry and low latency AI applications in the enterprise, we anticipate that the combination of WekaIO's cutting-edge NVMe solutions tiered to S3 data pools on Seagate's Multi Actuator based storage products will provide unparalleled scale, performance and TCO. We are excited to partner with WekaIO, and look forward to a close relationship", stated Ravi Naik, Senior Vice President of Corporate Strategy & CIO, Seagate. "Seagate's mission is to maximize data's potential, so we are excited to support the development of NVMe-native file systems like WekaIO Matrix that were built from the ground up to maximize the efficiencies of flash to support these modern workloads."

WekaIO was awarded Gartner Cool Vendor, a spot in Silicon Review's 10 Fastest Growing Storage Companies list, the Artificial Intelligence Excellence Award and the AIConics Award. These achievements highlight the company's continued industry momentum to deliver unmatched HPC-class storage with enterprise-level features and services, all in one solution, that provides IT with a robust platform to support data-intensive applications.
Source: WekaIO

Back to Table of contents

Primeur weekly 2019-05-20

Quantum computing

D-Wave makes new lower-noise quantum processor available in Leap ...

Atos delivers world's highest-performing quantum simulator to multinational energy company Total ...

Digital quantum simulators can be astonishingly robust ...

Generating high-quality single photons for quantum computing ...

Quantum world-first: researchers reveal accuracy of two-qubit calculations in silicon ...

Accelerating quantum technologies with materials processing at the atomic scale ...

Focus on Europe

GCS grants more than 1 billion computing core hours to national large-scale research projects ...

GCS announces new Chair of the Board, Prof. Dr. Dieter Kranzlmüller ...

Applications to 19th PRACE Project Access Call ...

PRACE Awards @ EuroHPC Summit Week 2019 ...

ISC High Performance announce David Keyes as 2020 Programme Chair ...

National eScience Symposium 2019 to cover Digital Challenges in Open Science ...

Middleware

RedLine becomes Bright Computing Services Partner ...

eSilicon chooses Univa to manage complex ASIC chip designs for high-bandwidth networking, high-performance computing, AI and 5G infrastructure applications ...

Hardware

Boston Limited to officially launch operations in South Africa during a series of High-Performance Computing (HPC) events hosted by the Centre for High-Performance Computing (CHPC) ...

HPE to acquire supercomputing vendor Cray ...

China to build new national supercomputing centre ...

Mellanox Capital invests in storage experts Excelero and WekaIO ...

Mellanox introduces advanced Network Telemetry technology to keep your business up and running ...

Supermicro announces third quarter fiscal 2019 preliminary financial information and files 2017 form 10-K and form 10-Q/As ...

Atos launches the world's highest performing Edge Computing server ...

NVIDIA announces financial results for first quarter fiscal 2020 ...

NERSC's Edison supercomputer to retire after five years of service ...

WekaIO raises $31,7 million in Series C funding ...

Energy free superfast computing invented by scientists using light pulses ...

Applications

Atos launches myQLM to democratize quantum programming for researchers, students and developers worldwide ...

A step towards probabilistic computing ...

CosmoGAN: Training a neural network to study dark matter ...

New AI sees like a human, filling in the blanks ...