TechCrunch
In a 2022 survey by Great Expectations, an open source data benchmarking platform, 77% of organizations said they were concerned about their data quality. On Wednesday, Weka, a platform for building data pipelines that handle a range of data sources, types, and sizes, announced that it raised $140 million in a two-part ($100 million and $40 million) Series E round led by Valor Equity Partners, with participation from Nvidia, Norwest Venture Partners, Micron Ventures, Qualcomm Ventures, Hitachi Ventures and others. The oversubscribed round values Weka at $1.6 billion post-money, double the company's previous valuation.