---
title: "Weka raises $140M as the AI boom bolsters data platforms"
url: https://daily.dev/posts/weka-raises-140m-as-the-ai-boom-bolsters-data-platforms-avdtnu4iv
source_url: https://techcrunch.com/2024/05/15/weka-raises-140m-as-the-ai-boom-bolsters-data-platforms/
type: article
source: "TechCrunch"
published: 2024-05-15T13:05:13.902Z
updated: 2024-05-15T13:05:13.302Z
tags: ["ai", "startup", "venture-capital", "data-management"]
reading_time: 3
upvotes: 1
comments: 0
language: en
---

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# Weka raises $140M as the AI boom bolsters data platforms

**[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 1 upvotes · 0 comments

## Summary

Startups that promise to fix data problems in AI-powered projects are receiving significant funding. Weka, a platform for building data pipelines, raised $140 million in a Series E round, led by Valor Equity Partners. Weka's core offering is a parallel file system that can speed up AI model training by reducing data transfer time. It competes with data platforms like DataDirect, Pure Storage, NetApp, and Vast Data.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2024/05/15/weka-raises-140m-as-the-ai-boom-bolsters-data-platforms/>

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---

Tags: [#ai](https://daily.dev/tags/ai), [#startup](https://daily.dev/tags/startup), [#venture-capital](https://daily.dev/tags/venture-capital), [#data-management](https://daily.dev/tags/data-management)

[View this post on daily.dev](https://daily.dev/posts/weka-raises-140m-as-the-ai-boom-bolsters-data-platforms-avdtnu4iv)