Revenue of WekaIO Doubled Y/Y in 4FQ21

WekaIO, Inc. celebrates a year of growth and accolades.

As its look back at FY21, WekaIO continued to grow at a high rate. In 4FQ21, WekaIO had more deals than all of 2020 combined. Revenue more than doubled year over year. The company welcomed new enterprise customers across key verticals, including life sciences, research labs, automotive, and federal.

“WekaIO is on a mission to replace decades of compromises with a new Data Platform built for AI and modern workloads. This year the WekaIO team continued to innovate, rewriting the rules of what’s possible, which has allowed our visionary customers to push the boundaries in their respective industries,” said Liran Zvibel, founder and CEO.

The company was recognized as a visionary in the Gartner Magic Quadrant for Distributed File Systems and Object Storage.

Excellent Technology
As we look back on the year, WekaIO’s Data Platform for AI was the most performing cloud solution as proven on IO-500 and STAC-M3 benchmarks time and time again. The firm continued to innovate and gain market share as the Data Platform for AI. In one year, it delivered AWS AutoScaling Groups, an S3 Interface, a Kubernetes CSI plug-in, a REST API, remote backup, VMware support, and more. These enterprise-grade features made it easier for customers to use WekaIO, ultimately leading to them breaking ground in their respective industries.

Best People
The executive team was supercharged with the onset of seasoned executives including Amit Pandey, Jonathan Martin, David Gilinsky, Todd Haller, Collin Gallagher, and Sean Hiss. In addition, headcount doubled in 12 months, hiring talent from successful storage and technology organizations.

“The technical and GTM talent at WekaIO is top shelf. I’ve always believed that the very best companies are simply built on great people and great ideas, and WekaIO has both in spades. We have augmented the team with talent at all levels this year and are poised to do something truly special in FY22. The sky is the limit with this team,” said Jonathan Martin, president.

Founders and executive leadership team have a clear vision for the future, namely the Data Platform for AI. The product team continuously innovates making the best product on the market even better for our clients’ use cases. Engineering consistently delivers on these big ideas, turning science fiction into science fact.

The GTM team educates the market, acting as a trusted advisor, helping companies reach their strategic objectives. In doing so, the company has watched its visionary customers break ground in their respective industries from autonomous driving, health and life sciences, and general-purpose AI.

Customer success then comes over the consistently over-delivering and delighting customers as proven on Gartner Peer Insights where WekaIO is rated 5/5 stars.

Painting the World Purple
Firm’s global footprint was accelerated with the opening of new offices in EMEA and APAC. Growing global reach has accelerated customer adoption across the planet and created a customer success experience.

In 2021, WekaIO added customers across the Americas, EMEA, and AsiaPac. It added customers in 18 new countries. As it looks to 2022, it has big aspirations to paint the globe WekaIO purple.

Obtaining this level of global reach would not be possible without strategic partners. WekaIO’s Go-To-Market strategy build solutions with the largest on-premises and public cloud vendors. Looking back on 2021, the firm launched Hitachi Content Solution for File (HCSF) with Hitachi Vantara, launched bundles with HPE and SuperMicro, and executed AWS private offers.

These efforts have resulted in WekaIO surpassing an exabyte of data under management. This achievement was realized in less than 4 years since the company’s launch, making it one of the fastest companies to reach Exascale of any storage vendor on the market.

Looking Forward to 2022
As the company looks back at this year, it’s ecstatic with all it were able to accomplish. From all of us at WekaIO to its visionary customers, its partners, and lovers of purple across the globe.

Looking forward, WekaIO has massive plans for 2022 as it continues to push the limits of what is possible with the Data Platform for AI. Next year is going to see more and more organizations harness the power of AI and ML to transform firm’s world in ways unimagined. The company is confident it is going to be pivotal in that transformation… so confident, that it’s going double revenue yet again in 2022.