WekaIO (WEKA), the AI-native data platform company, announced it has reached a significant milestone in its IP portfolio, having been awarded over 100 patents by the United States Patent and Trademark Office (USPTO). The company was granted its 113th patent for methods and systems for power failure resistance for a distributed storage system on June 18th and has over 70 patent applications still pending.
Read this trending article: Role Of AI In Cybersecurity: Protecting Digital Assets From Cybercrime
As AI use cases continue to proliferate and permeate across enterprises and research organizations, many are looking to modernize their data infrastructure stacks to manage and optimize the growing volumes of data required to fuel AI-driven innovation.
WEKA’s patented technologies underpin its AI-native data platform software, which provides organizations with a dynamic, data pipeline-oriented data architecture that can help accelerate time to discovery, insights, value creation, and business outcomes. The WEKA Data Platform delivers exceptional performance at scale, making GPUs, AI workloads, and other data-intensive applications run faster and work more efficiently and sustainably. Both cloud and hardware-agnostic, WEKA’s software can be deployed anywhere, giving customers a cost-effective data management solution that delivers the cloud-like simplicity and seamless data portability they need to succeed in a rapidly evolving AI-driven and hybrid cloud world.
The company’s latest patent award comes as it celebrates more than a decade of innovation and the closing of its $140M Series E funding round led by Valor Equity Partners at a $1.6B market valuation.
AiThority.com Latest News: Empowering Clients and Enhancing Operations: Protiviti’s Innovative AI Tools
In 2013, WEKA pioneered the concept of a software-based data management platform, setting the standard for modern data infrastructure in the era of AI. Today, as global demand for highly scalable and performant data infrastructure for AI and other next-generation data workloads continues to skyrocket, WEKA has achieved a sustained hyper-growth trajectory with record-breaking annual recurring revenue.
“Growing our IP portfolio to more than a hundred patents marks a major innovation milestone for WEKA,” said Liran Zvibel, cofounder and chief executive officer at WEKA. “When my cofounders and I started WEKA a decade ago, we wanted to create a radically different approach to data management that was infinitely simpler and more customer-centric, which required a complete rethink of traditional data architectures and developing deeply differentiated intellectual property. Crossing this patent milestone validates our day-one vision to build a revolutionary new approach that eliminates the compromises and challenges of legacy data infrastructure to enable organizations to thrive in the AI era.”
Read this trending article : Role Of AI In Cybersecurity: Protecting Digital Assets From Cybercrime
[To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com]
Comments are closed.