WekaIO Quadruples Business in 2018

WekaIO, Inc. announced year-over-year customer growth in the US and EMEA, driven by the continued adoption of the company’s NVME-native parallel file system for deep learning, analytics, and HPC workloads.

Today, many companies are struggling to keep their computer infrastructure fully utilized – a pain felt most acutely by the large GPU farms being deployed for machine learning where large amounts of data must be shared across application servers. At scale, the compute environments become IO-bound, starving applications and wasting expensive GPU or CPU resources and resulting in long application run times. Due to the high costs and inefficiencies associated with managing these workloads on legacy storage systems, organizations are choosing to adopt WekaIO’s Matrix high-performance, massively parallel, shared file system.

“Implementing WekaIO Matrix made a high impact to our business-improving both time-to-market and opening up new lines of business for us,” said Alessandro Menegaz, IT manager, TRE ALTAMIRA s.r.l. “We were looking for a more modern solution that could provide improved performance and keep up with our fast-growing resource constraints.”

“We wee looking for a solution that could simplify data management operations, given our limited resources,” said Sam Reid, head of technology, Untold Studios. “The scalability of WekaIO Matrix allowed us to start small and will grow as our business demands grow. The ease of use in addition to the performance, are further proof of the value of the WekaIO solution.”

Over the last year, revenue from the US and EMEA sales have grown more than 400%, with growth in verticals such as automotive AI, life sciences, media and entertainment, and HPC research. To support the increased demand, WekaIO has grown its channel partners by over 200%.

The company has moreover doubled its employee headcount, finishing the year with the announcement of a Midwest office expansion. New hires were brought on in sales, marketing, and engineering to help meet the expanding geographical demand for its solutions, while positioning the company for continued growth in the coming quarters.

“The rapid adoption of our solutions underscores the value of WekaIO’s technology and our strong relationship with our partners,” said Liran Zvibel, co-founder and CEO. “We have strong quarter-over-quarter customer and revenue growth, exceeding our expectations, and we have a healthy pipeline for sustained growth. It’s full speed ahead, as we expand in to new markets, open additional offices around the globe, and launch our channel program.”

In addition to opening new offices in the UK and Detroit, MI, WekaIO was lauded with industry accolades that including Gartner Cool Vendor status in Storage Technologies, a place in Network World’s 10 Hot Hybrid-Cloud start-ups to Watch, a spot in Silicon Review’s 10 Fastest Growing Storage Companies, and the AIConics Award.

WekaIO Matrix delivers HPC class storage with enterprise features and services, all in one solution, that provides IT with a platform to support data-intensive applications.

Read also:
Company Profile: WekaIO
Software-defined storage is NVMe-native, shared file system that runs on commodity servers or AWS Cloud.
by Jean Jacques Maleval | 2018.08.20 | News