WekaIO Named to JMP Securities 2021 Elite 80 List

CAMPBELL, Calif.--(BUSINESS WIRE)--WekaIO™ (Weka), the fastest-growing data platform for artificial intelligence/machine learning (AI/ML), life sciences research, and high-performance data analytics (HPDA), was named to JMP Securities Elite 80, a list of the hottest privately-held cybersecurity and IT infrastructure companies. The report features research about companies that JMP analysts feel have the capability to dominate their respective marketplaces. Weka was chosen among the JMP Elite 80 for its ability to deliver a modern storage architecture that overcomes the limitations of legacy storage offerings to radically accelerate time to business outcomes.

JMP Securities has become one of the country’s premier middle-market investment banks, with an exceptionally strong team, a growing client base, and a complete range of investment banking and institutional equities capabilities. Its research department provides institutional investors with unique insights and a sales and trading platform that provides an extensive distribution network for JMP’s ideas and securities offerings. This is the seventh annual JMP Securities Elite 80 report.

Weka was recognized among the Elite 80 in part for its Weka’s Limitless Data Platform™, which is built on the shareable, scalable, and distributed file storage system WekaFS™. Designed to help future-ready clients’ data centers and enable digital transformation, the breakthrough WekaFS solution was architected to leverage the performance benefits of flash, high-speed networking, and compute acceleration technologies (like GPUs), whether the data resides on-premises, in the public cloud, or as a hybrid model. WekaFS stands out as a leading solution because it gives clients the leverage to get more value out of their compute resources, providing a full enterprise-grade solution with advanced security and full cloud integration.

“Being named among the JMP Elite 80 is a validation of the message I feel should always be conveyed about Weka,” said Ken Grohe, president and CRO at WekaIO. “Weka helps our customers solve big problems in their data centers. The problem today is that legacy systems do not offer the performance, scale, and simplicity that accelerated and agile data centers require. We future-proof the data center because our technology is optimized for hybrid cloud, NVMe-flash, and high-speed networking, which are all now common requirements for data-intensive use cases like AI/ML, HPDA, HPC, and life sciences research. With our amazing technology, our customers are improving people’s lives by accelerating their AI/ML models and producing new products, curing pandemics like COVID with faster drug discovery, and investigating methods to prevent financial disasters with faster quantitative analytics. That’s a big value of what our limitless data platform provides.”

The JMP Elite 80 inclusion is just the latest of a continued string of recognition, awards, and acclaim Weka has recently received. In 2021 alone, the company has been recognized as one of CRN’s Top 100 Storage Solutions; named a finalist in the 2021 Artificial Intelligence Excellence Awards; received a 5-Star Rating in the 2021 CRN Partner Program Guide; named “Overall Data Storage Company of the Year” in the 2021 Data Breakthrough Awards; named the Fast Company’s Annual List of the World’s Most Innovative Companies; won Product of the Year in TechTarget’s Enterprise Data Storage Awards Program; and was named one of the 100 Coolest Cloud Companies by CRN.

Interested parties can read the JMP Securities 2021 Elite 80 report by visiting JMP Elite 80 List.

Additional resources:

• Financial Services Solutions Overview
• Financial Services Case Study

About WekaIO

WekaIO (Weka) is used by eight of the Fortune 50 enterprise organizations to uniquely solve the newest, biggest problems holding back innovation and discovery. Weka solutions are purpose-built to future-ready the accelerated and agile data center. Optimized for NVMe-flash and the hybrid cloud, its advanced architecture handles the most demanding storage challenges in the most data-intensive technical computing environments, delivering truly epic performance at any scale, enabling organizations to maximize the full value of their data center investments. Weka helps the enterprise solve big IT infrastructure problems to accelerate business outcomes and speed productivity. For more information, go to https://www.weka.io

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