VAST Data Overview
The VAST Data Platform unifies storage, database, and compute into a single, scalable software platform to power AI & deep learning in modern data centers and clouds. VAST Data has been recognized as a 2020 "Cool Vendor in Storage and Backup and Recovery" by the Gartner Research Group.
Cumulative Funding Raised Over Time ($)
$100.0MApr 2020
$183.0MApr 2021
$301.0MDec 2023
$341.0MFeb 2019
$381.0MMar 2018
$381.0MNov 2022
Latest News
growth-positive
Shonfeld's SDS and VAST Data describe the server farm as "the largest sovereign AI cloud in Israel."
SDS Shonfeld Data Services, owned by Yossi Shonfeld, has announced the construction of a server farm for sovereign AI in collaboration with VAST Data, an Israeli AI storage management company. The server farm, located at Bet Yehoshua, will initially contain around 2,000 Blackwell B200 graphics processors. The investment in the project is estimated at about NIS 1 billion. The server farm will feature tens of petabytes of data infrastructure operated by VAST and thousands of Nvidia Blackwell graphics processors and network processors. This project marks the first acknowledgment by SDS of the AI center, which was first reported by Globes last August.
PartnersInvestment
growth-positive
The collaboration aims to provide large-scale enterprises with a secure AI infrastructure backbone.
Vast Data, an AI infrastructure company, has partnered with Shonfeld Data Services (SDS) to develop Israels most advanced sovereign AI infrastructure. SDS, a leader in Israels colocation market, is building a national-scale AI cloud ecosystem using Vasts AI Operating System. This project will integrate thousands of NVIDIA GPUs and vast amounts of data infrastructure. Vast Data, founded in 2016, is raising several billion dollars at a valuation of up to $30 billion, led by Nvidia and CapitalG. The company has surpassed $200 million in annual recurring revenue and is projected to triple this by 2026.
PartnersInvestment
growth-positive
Amid reports that VAST Data is set to receive a huge company valuation in a new financing round, "Globes" explains the technological significance and attraction of the data storage company.
VAST Data, a company specializing in hybrid data storage, is experiencing significant growth due to its strategic role in the AI revolution. The company is raising several billion dollars in investment from major players like Google and Nvidia, valuing it at up to $30 billion. VASTs unique technology, DASE, integrates storage, data processing, and real-time analysis, offering a competitive edge in AI infrastructure. The company has formed strategic partnerships with Google and Nvidia, enhancing its technological offerings and market reach. VASTs platform supports unstructured data, providing faster and more accurate AI services. With impressive business performance and a growing list of high-profile customers, VAST is well-positioned for future success.
InvestmentPartnersCustomers
growth-positive
Startup poised to raise billions from CapitalG and Nvidia, eclipsing Wiz’s previous high-water mark.
Vast Data, an AI infrastructure company, is reportedly raising several billion dollars in a funding round led by Nvidia and CapitalG, potentially valuing the company at up to $30 billion. This would mark the largest funding round in Israeli tech history and position Vast as Israel’s highest-valued private tech company. The company, founded in 2016, has been profitable and maintains a growing roster of blue-chip clients, including the U.S. Air Force, Booking Holdings, and Nvidia. Vasts technology is critical for AI model deployment, enhancing GPU performance and enabling real-time access to unstructured data. The company has raised approximately $380 million to date and is on track to reach $600 million in annual recurring revenue by 2026.
InvestmentCustomersPartnersManagement Changes
growth-positive
הענקיות צפויות להוביל סבב גיוס ענק לחברת הדאטה הישראלית, שמפתחת תשתית חיונית להרצת מודלים חכמים, דוגמת ChatGPT ● ביוני האחרון פורסם כי החברה מחפשת לגייס לפי שווי של 25 מיליאד דולר
Vast Data, an Israeli data company, is in advanced talks with Alphabet (Google) and Nvidia to raise billions of dollars, potentially valuing the company at up to $30 billion. This investment round is led by CapitalG, Alphabets investment arm, alongside Nvidia, an existing investor. Vast Data develops advanced storage technology for AI data centers, facilitating fast and efficient data transfer between GPU chips. The company has strategic partnerships with Nvidia and serves clients like Elon Musks xAI and CoreWeave. Vast Data employs around 1,000 people, with half based in Israel. The company reported an annual recurring revenue of $200 million, with a forecast to reach $600 million next year. Market speculations suggest Vast Data is preparing for a significant IPO.
InvestmentCustomersPartnersExpandPublic Trading
| Sector | Business Software |
Funding
| Total funding | $381M |
| Last funding | $118M |
| Stage | E |
| Rounds | 6 |
| Investors | 17 |
Team Members
8
Employees: 500+
Web & Social Links
| Website | www.vastdata.com |
| Careers | Careers page |
Locations
Rokach Blvd 97, Tel Aviv-Yafo, Israel
2510 Meridian Pkwy #310, Durham, NC 27713, USA
33 N 1st St c1, Campbell, CA 95008, USA
240 W 37th St, New York, NY 10018, USA
Photos & Videos
4 item(s)
VAST Data Business
Business models
B2G, B2B
Product stage
Released
Employees
500+
Sector
Business SoftwareIT, R&D & Data SolutionsData ArchitectureTarget Customer
Enterprise & Professional ServicesEnterprisesCore Technology
Data StorageFlashCloudPlatforms & InterfacesWebSoftwareArtificial IntelligenceDeep LearningTags (11)
cloud-storageenterprise-solutionsweb-platformsoftware-applicationsdata-storagelife-sciencesdeep-learningartificial-intelligenceanimationflash-storageunicorn-2020Solutions
{"title":"Enterprise IT / Data Management","description":"The VAST Data Platform offers a high-performance, scalable, and cost-effective storage solution for enterprise backup and recovery, enabling rapid data restoration, robust ransomware protection, and consolidation of data infrastructure.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":2,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Risk Mitigation","value":5,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":3,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}}]}
{"title":"Cross-Industry / Technology","description":"The VAST Data Platform for AI provides a unified, high-performance, all-flash data platform designed to eliminate data silos and bottlenecks for AI/ML workloads. It accelerates data access, processing, and training, simplifying data management from ingestion to model deployment for AI-powered enterprises.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":2,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Risk Mitigation","value":3,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Enterprise Data Analytics Infrastructure","description":"A unified, high-performance, and cost-effective data platform designed to accelerate complex data analytics, AI/ML workloads, and eliminate data silos for petabyte-scale datasets.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":2,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":5,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}}]}
{"title":"Financial Services","description":"The VAST Data Platform provides a unified, high-performance data storage and management solution tailored for financial institutions, ensuring stringent compliance, security, and real-time analytics capabilities for large datasets while simplifying infrastructure and reducing costs.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":2,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Risk Mitigation","value":5,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"High Performance Computing (HPC)","description":"The VAST Data Platform for HPC provides a disaggregated, all-flash storage solution designed to eliminate data bottlenecks, simplify data management, and accelerate AI, deep learning, and scientific research workloads, enabling faster insights and discoveries at scale.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":2,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":4,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Agility & Innovation","value":5,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}}]}
{"title":"Technology Infrastructure","description":"The VAST Data Platform for Containers provides a unified, high-performance data platform designed to meet the demanding storage needs of containerized applications, Kubernetes, and AI/ML workloads. It offers scalable, low-latency access to data, simplifying data management and enabling faster development and deployment cycles for modern applications.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":2,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Risk Mitigation","value":3,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
Use Cases
VAST Data Platform for Enterprise Backup & RecoveryVAST Data Platform for Artificial IntelligenceVAST Data Platform for Data AnalyticsVAST Data Platform for Financial DataVAST Data Platform for High Performance Computing (HPC)VAST Data Platform for ContainersGeographic Markets
IsraelGlobalVAST Data Financials
$381M
Total funding
Undisclosed
Capital raised
$118M
Last funding
E
Funding stage
6
Total rounds
17
Investors
Cumulative Funding Raised Over Time ($)
$100.0MApr 2020
$183.0MApr 2021
$301.0MDec 2023
$341.0MFeb 2019
$381.0MMar 2018
$381.0MNov 2022
Private Equity Funding
E Round
Dec 2023
$118M
Fidelity Ventures (Lead)
,
DRIVe, Bond , New Enterprise Associates
Undisclosed Round
Nov 2022
Undisclosed
General Atlantic
D Round
Apr 2021
$83M
Tiger Global Management, Vintage Investment Partners, Nvidia
C Round
Apr 2020
$100M
Next47 (Lead)
,
83North, Goldman Sachs Bank USA, Norwest Venture Partners, Mellanox Capital, Dell Technologies Capital, Commonfund, Greenfield Partners
B Round
Feb 2019
$40M
83North, Goldman Sachs Bank USA, TPG Growth, Greenfield Partners, Norwest Venture Partners, Dell Technologies Capital
A Round
Mar 2018
$40M
Norwest Venture Partners, Dell Technologies Capital, Goldman Sachs Bank USA, 83North
VAST Data Lifecycle
Cumulative Funding Raised Over Time
$100.0MApr 2020
$183.0MApr 2021
$301.0MDec 2023
$341.0MFeb 2019
$381.0MMar 2018
$381.0MNov 2022
All Events
E Round
Dec 2023
$118M
Fidelity Ventures (Lead)
,
DRIVe, Bond , New Enterprise Associates
Undisclosed Round
Nov 2022
Undisclosed
General Atlantic
D Round
Apr 2021
$83M
Tiger Global Management, Vintage Investment Partners, Nvidia
C Round
Apr 2020
$100M
Next47 (Lead)
,
83North, Goldman Sachs Bank USA, Norwest Venture Partners, Mellanox Capital, Dell Technologies Capital, Commonfund, Greenfield Partners
B Round
Feb 2019
$40M
83North, Goldman Sachs Bank USA, TPG Growth, Greenfield Partners, Norwest Venture Partners, Dell Technologies Capital
A Round
Mar 2018
$40M
Norwest Venture Partners, Dell Technologies Capital, Goldman Sachs Bank USA, 83North
VAST Data News
31 articles
growth-positive
Shonfeld's SDS and VAST Data describe the server farm as "the largest sovereign AI cloud in Israel."
SDS Shonfeld Data Services, owned by Yossi Shonfeld, has announced the construction of a server farm for sovereign AI in collaboration with VAST Data, an Israeli AI storage management company. The server farm, located at Bet Yehoshua, will initially contain around 2,000 Blackwell B200 graphics processors. The investment in the project is estimated at about NIS 1 billion. The server farm will feature tens of petabytes of data infrastructure operated by VAST and thousands of Nvidia Blackwell graphics processors and network processors. This project marks the first acknowledgment by SDS of the AI center, which was first reported by Globes last August.
PartnersInvestment
growth-positive
The collaboration aims to provide large-scale enterprises with a secure AI infrastructure backbone.
Vast Data, an AI infrastructure company, has partnered with Shonfeld Data Services (SDS) to develop Israels most advanced sovereign AI infrastructure. SDS, a leader in Israels colocation market, is building a national-scale AI cloud ecosystem using Vasts AI Operating System. This project will integrate thousands of NVIDIA GPUs and vast amounts of data infrastructure. Vast Data, founded in 2016, is raising several billion dollars at a valuation of up to $30 billion, led by Nvidia and CapitalG. The company has surpassed $200 million in annual recurring revenue and is projected to triple this by 2026.
PartnersInvestment
growth-positive
Amid reports that VAST Data is set to receive a huge company valuation in a new financing round, "Globes" explains the technological significance and attraction of the data storage company.
VAST Data, a company specializing in hybrid data storage, is experiencing significant growth due to its strategic role in the AI revolution. The company is raising several billion dollars in investment from major players like Google and Nvidia, valuing it at up to $30 billion. VASTs unique technology, DASE, integrates storage, data processing, and real-time analysis, offering a competitive edge in AI infrastructure. The company has formed strategic partnerships with Google and Nvidia, enhancing its technological offerings and market reach. VASTs platform supports unstructured data, providing faster and more accurate AI services. With impressive business performance and a growing list of high-profile customers, VAST is well-positioned for future success.
InvestmentPartnersCustomers
growth-positive
Startup poised to raise billions from CapitalG and Nvidia, eclipsing Wiz’s previous high-water mark.
Vast Data, an AI infrastructure company, is reportedly raising several billion dollars in a funding round led by Nvidia and CapitalG, potentially valuing the company at up to $30 billion. This would mark the largest funding round in Israeli tech history and position Vast as Israel’s highest-valued private tech company. The company, founded in 2016, has been profitable and maintains a growing roster of blue-chip clients, including the U.S. Air Force, Booking Holdings, and Nvidia. Vasts technology is critical for AI model deployment, enhancing GPU performance and enabling real-time access to unstructured data. The company has raised approximately $380 million to date and is on track to reach $600 million in annual recurring revenue by 2026.
InvestmentCustomersPartnersManagement Changes
growth-positive
הענקיות צפויות להוביל סבב גיוס ענק לחברת הדאטה הישראלית, שמפתחת תשתית חיונית להרצת מודלים חכמים, דוגמת ChatGPT ● ביוני האחרון פורסם כי החברה מחפשת לגייס לפי שווי של 25 מיליאד דולר
Vast Data, an Israeli data company, is in advanced talks with Alphabet (Google) and Nvidia to raise billions of dollars, potentially valuing the company at up to $30 billion. This investment round is led by CapitalG, Alphabets investment arm, alongside Nvidia, an existing investor. Vast Data develops advanced storage technology for AI data centers, facilitating fast and efficient data transfer between GPU chips. The company has strategic partnerships with Nvidia and serves clients like Elon Musks xAI and CoreWeave. Vast Data employs around 1,000 people, with half based in Israel. The company reported an annual recurring revenue of $200 million, with a forecast to reach $600 million next year. Market speculations suggest Vast Data is preparing for a significant IPO.
InvestmentCustomersPartnersExpandPublic Trading
growth-positive
Alphabet and Nvidia are leading the financing round in the hybrid data storage company at a valuation of up to $30 billion, "Reuters" reports.
VAST Data, a hybrid data storage company, is in advanced talks to raise several billion dollars in a financing round led by Alphabets CapitalG and Nvidia, valuing the company at up to $30 billion. This investment positions VAST Data as a major player in the AI sector, with strategic partnerships, particularly with Nvidia. The company, founded by Israeli entrepreneurs, has a significant presence in Tel Aviv and is preparing for a potential IPO. VAST Datas technology facilitates efficient data transfer for AI data centers, with customers including xAI and CoreWeave. The company has shown impressive growth, with a forecasted ARR increase from $200 million to $600 million.
InvestmentCustomersPartnersPublic Trading
growth-positive
סבב גיוס ההון, שיהיה בהיקף של כמה מיליארדי דולרים, יהפוך את ואסט דאטה לאחת מחברות הסטארט-אפ בעלות השווי הגבוה ביותר במגזר הבינה המלאכותית
Vast Data, a provider of AI infrastructure, is in discussions for a significant funding round that could position it among the highest-valued startups in the AI sector. The investment talks involve major players like Nvidia and Alphabets venture capital arm, CapitalG. This potential multi-billion dollar investment is expected to significantly boost Vast Datas valuation and market position. The article highlights the optimism in the financial markets and the resilience of Wall Street amidst geopolitical changes.
Investment
growth-positive
Vast has built a deep-tech moat and turned cash-flow positive - with Nvidia’s support and none of Wiz’s media buzz.
Vast Data, an Israeli high-tech company, is making headlines with a reported $25 billion valuation, drawing comparisons to Wiz, another Israeli unicorn. Unlike Wiz, Vast maintains a low profile, focusing on deep-tech solutions that complement Nvidias processors. The companys technology is crucial for AI infrastructure, enabling efficient data management and real-time access. Vast has achieved positive cash flow and significant annual recurring revenue, with a client list including Nvidia, Pixar, and xAI. The company is considering an IPO, with potential valuations soaring due to the AI boom. Strategic partnerships with companies like CoreWeave further enhance its market position.
InvestmentCustomersPartnersExpandPublic Trading
growth-positive
If the rapidly growing company, a partner of Nvidia, achieves this figure, it will be an impressive leap from its $9 billion valuation in 2023.
VAST Data, a hybrid data storage company and partner of Nvidia, is in the process of raising capital at a valuation of $25 billion, a significant increase from its $9 billion valuation in 2023. The company, which utilizes AI for smart data storage management, has notable customers including Samsung, NASA, and Pixar. Initial investors include 83North and Norwest Venture Partners. VAST Datas annual recurring revenue is estimated at $500 million, and it had previously raised nearly $400 million. The company is managed from the US with Israeli founders and has offices in Tel Aviv.
InvestmentCustomersPartners
growth-positive
According to TechCrunch, the Israeli startup is quietly plotting its next funding round at a sky-high valuation. Vast has surpassed $2 billion in cumulative bookings, achieved nearly 5x year-over-year growth in Q1 2025, and maintained a cashflow-positive operating model for over five years.
Vast Data, an Israeli-founded data platform, is preparing for a new funding round that could potentially triple its valuation to $25 billion. The company, which has achieved significant growth and maintained a cashflow-positive model, is seen as a key player in the AI infrastructure space. Vast Datas platform supports major clients like the U.S. Air Force, Department of Energy, and industry leaders such as Verizon and Zoom. The company has seen a nearly 5x year-over-year growth in Q1 2025 and has surpassed $2 billion in cumulative bookings. The upcoming funding round reflects strong investor interest in generative AI infrastructure and Vasts rapid expansion.
InvestmentCustomers
growth-positive
לפי הדיווח באתר הטכנולוגיה האמריקאי טק קראנץ', הסטארט-אפ שמפתח תוכנה לאחסון מידע שואף לגייס מימון חדש לפי שווי גבוה בכמעט פי שלושה מאשר ב-2023 ■ פרטי הגיוס לא סופיים אך אם הוא יושלם יהיה זה השווי הגבוה ביותר שקיבל סטארט-אפ ישראלי אי פעם בגיוס מימון
The Israeli startup Vast Data is aiming to raise a new funding round at a valuation of $25 billion, nearly three times higher than its valuation in 2023. This would mark the highest valuation ever achieved by an Israeli startup in a funding round. The details of the fundraising are not yet finalized, but if successful, it would significantly boost the companys market position. Vast Data develops software for data storage, and the news was reported by TechCrunch based on information from a source familiar with the deal.
Investment
growth-positive
The AI-friendly data storage startup is raising capital at a giant leap in valuation.
Vast Data, a company offering an AI-friendly data storage platform, is seeking to raise a new investment round at a valuation of approximately $25 billion, a significant increase from its previous $9 billion Series E valuation. The company has been experiencing impressive growth, with annual recurring revenue of $200 million and a growth rate of 2.5x to 3x year-over-year. Vast Datas platform, which eliminates traditional data storage tiers, has attracted large enterprise customers like Pixar, ServiceNow, and xAI, as well as AI cloud providers such as CoreWeave and Lambda. The company has raised $381 million from investors including Fidelity Management & Research Company, NEA, BOND Capital, and Drive Capital.
InvestmentCustomersPartners
growth-positive
VAST Data raising hundreds of millions of dollars at more than $9 billion valuation | CTech
VAST Data, an Israeli-founded startup, is reportedly raising hundreds of millions of dollars at a valuation of over $9 billion. Fidelity Investments is leading the round, with participation from venture capital firms NEA and Bond. The company, which offers a global data infrastructure that unifies storage, database, and virtualized compute engine services, completed an $83 million series D round led by Tiger Global Management at a post-money valuation of $3.7 billion in May 2021. The new valuation is more than double the previous one.
Investment
growth-positive
VAST Data Powers the Infrastructure Behind CoreWeave's AI Cloud
VAST Data and CoreWeave have announced a strategic partnership to build a global NVIDIA-powered accelerated computing cloud for managing and securing vast amounts of data for generative AI, high-performance computing (HPC), and visual effects (VFX) tasks. CoreWeave selected VAST Data after rigorous research and testing, citing VASTs scalability, performance, and multi-tenant enterprise AI cloud capabilities. The partnership aims to redefine modern AI computing and provide a foundation for AI-powered advancements.
Partners
Growth-Positive
G42 Cloud Partners with VAST Data to Build a Multi-Hundred Petabyte Data Cloud for AI
G42 Cloud and VAST Data have announced a strategic partnership to build a central data foundation for a global network of AI supercomputers. G42 Cloud will use the VAST Data Platform to store and learn from hundreds of petabytes of data, with a focus on high-performance computing. The partnership will also see the VAST Data Platform serve as a central multi-tenant and secure data platform for the worlds largest AI supercomputer, Condor Galaxy. The collaboration aims to enhance the AI research capabilities of organizations in various sectors, including healthcare, energy, and financial services.
Partners
growth-positive
VAST Data || VAST Data Announces Strategic Partnership with Hewlett Packard Enterprise to Provide Software for HPE GreenLake for File Storage
VAST Data has announced that Hewlett Packard Enterprise (HPE) has incorporated VAST Datas file software platform into the new HPE GreenLake for File Storage service. This partnership allows enterprise customers to manage unstructured data with high performance at scale. The new HPE GreenLake for File Storage uses VASTs Disaggregated, Shared-Everything (DASE) architecture, enabling efficient management of unstructured data workloads. The combination of VAST Datas architecture with HPEs hybrid cloud infrastructure provides a comprehensive solution for data management and AI workloads. The partnership is seen as innovative and has the potential to reduce data complexity and scale the performance of machine learning workloads. The article includes quotes from HPE customers who praise the partnership and its potential for future growth.
Partners
growth-positive
VAST Data rolling out biggest ever software release - Blocks and Files
VAST Data has announced its biggest software release ever, introducing combined v4.6 and v4.7 VAST software releases. The release includes the development of a data catalog, virtual tiering, key management, remote cluster snapshots, capacity usage predictions, zero-trust features, and Kubernetes storage classes. The data catalog allows users to query massive datasets at any scale, improving capacity management, chargeback, backup, and archiving processes. The virtual tiering feature enables quality of service plans per user or share, while the expanded clustering features support sharing and extending snapshots to multiple remote clusters. Established storage providers and newcomers in the industry are closely watching VAST Datas capabilities and growth progress. The storage industry is experiencing disruption in providing global access and orchestration to large-scale data across hybrid on-premises and multi-cloud environments.
PartnersExpand
growth-positive
Vast Data upgrade boosts usable capacity, adds SaaS console
Vast Data, a high-capacity file storage provider, has upgraded its software to version 4.4, which will increase usable capacity by 25%. The upgrade also introduces a software as a service (SaaS)-style admin console called Uplink. The companys new data reduction algorithms allow for more efficient storage, saving customers significant costs. Vast Datas customers, which include banks, research labs, and media and entertainment organisations, typically purchase an average of 12PB of raw capacity. With the new system, they can get around 45PB of usable capacity from that.
CustomersExpand
https://www.new-techonline.com/2021/08/%d7%97%d7%91%d7%a8%d7%aa-%d7%a4%d7%aa%d7%a8%d7%95%d7%a0%d7%95%d7%aa-%d7%94%d7%90%d7%97%d7%a1%d7%95%d7%9f-vast-data-%d7%94%d7%99%d7%a9%d7%a8%d7%90%d7%9c%d7%99%d7%aa-%d7%96%d7%95%d7%9b%d7%94-%d7%91/?_atscid=7_134353_204082920_1940138_0_Txtetaxjxdshwhus8sp
growth-positive
VAST Data raises $83 million series D, tripling valuation to $3.7 billion in just one year
Israeli-founded storage software company VAST Data has completed a $83 million series D funding round led by Tiger Global Management, bringing its post-money valuation to $3.7 billion. The round also saw participation from NVIDIA and other existing investors. VAST Data attributes the success of the round to its rapid customer adoption and positive cash flow. The company plans to recruit 160 additional employees in 2021, with a focus on its R&D center in Israel. VAST Datas flash storage service, which offers tiering of data across different storage systems, has gained significant traction, with customers making substantial investments and expanding their net revenue within the platform.
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growth-positive
https://www.hrus.co.il/%D7%A6%D7%9E%D7%99%D7%97%D7%94-%D7%9E%D7%94%D7%99%D7%A8%D7%94-%D7%97%D7%91%D7%A8%D7%AA-vast-data-%D7%9E%D7%92%D7%99%D7%99%D7%A1%D7%AA-160-%D7%A2%D7%95%D7%91%D7%93%D7%99%D7%9D-%D7%97%D7%93%D7%A9%D7%99/
VAST Data, a storage solutions provider, plans to recruit 160 new employees by the end of the year due to increased demand for its systems and sales. About half of the new hires will be development personnel recruited to the companys development center in Israel. Despite the rapid growth and demand for its products, VAST Data focuses on recruiting quality employees who align with the companys professional and cultural values. The companys sales exceeded $150 million in the fiscal year, and it ended the year with positive cash flow. VAST Datas technology revolutionizes storage solutions by eliminating complex storage layers and utilizing all-flash storage systems. The company aims to meet the storage requirements of demanding workloads.
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growth-positive
VAST Data Bolsters Leadership Team to Prepare for Rapid Growth and Global Expansion
VAST Data has appointed three industry leaders to its executive team to support its international expansion, develop its Universal Storage platform, and increase market awareness. Peter Gadd has been hired as Vice President of International Sales, David Noy as Vice President of Product Management, and Daniel Bounds as Vice President of Marketing. Gadd will focus on expanding the team across EMEA and Asia Pacific, Noy will lead product management initiatives, and Bounds will lead the global marketing group. The appointments aim to continue the companys momentum and establish VAST Data as an industry standard.
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growth-positive
Coldago: VAST Data joins the ranks of file storage leaders - Blocks and Files
The 2020 Coldago file storage research map shows VAST Data promoted to the Leaders’ segment, leapfrogging WekaIO, which moves from Specialist to Challenger status. The report surveys 31 vendors and looks at HPC and enterprise file storage vendors and their products. VAST Data is positioned as one of the seven leaders in the report. The article discusses the changes in the positioning of various vendors in the file storage market. It also mentions the trends and developments expected in the file storage market for 2021.
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growth-positive
VAST Data makes AI workloads 'accessible to NFS users' - Blocks and Files
VAST Data claims to democratize HPC performance and make AI workloads accessible to NFS users. Using its LightSpeed technology, the company achieves a data delivery speed of 92.6GB/s, 50 times faster than usual NFS rates. VAST Data utilizes NFS, RDMA, nconnect, and GPUDirect to enhance the performance of its storage arrays. The companys system is a scale-out cluster based on multiple compute nodes and back-end databox stores. By leveraging these technologies, VAST Data is able to feed data to Nvidia GPUs at line rate. The article discusses the technical details of VAST Datas system and its potential for even faster data transfer to future Nvidia GPUs.
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growth-positive
VAST Data Named a Cool Vendor in the Gartner 2020 "Cool Vendors in Storage and Backup and Recovery" Report
VAST Data has been recognized in the 2020 Cool Vendors in Storage and Backup and Recovery report by Gartner Inc. The report highlights the challenges faced by infrastructure and operations leaders in managing unstructured data, adopting new workloads, and ensuring cloud data protection. VAST Datas Universal Storage platform and its innovative approach to address these challenges have been acknowledged. The companys recent product innovation, Lightspeed, and its global growth have contributed to its success. VAST Data experienced a year-over-year revenue growth of 490% in Q2 2020, driven by new customer orders and expansion of existing customer environments. The company aims to provide an affordable all-flash storage solution to meet the needs of modern, data-intensive applications.
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growth-positive
VAST Data Raises $100 Million in Series C Funding At $1.2 Billion Valuation to Democratize Flash for All Data
VAST Data, a storage company, has announced $100 million in Series C funding led by Next47, bringing the companys total funding to $180 million. The funding will be used for global expansion and accelerating the companys growth. VAST Data has developed an all-flash storage platform that revolutionizes the economics of flash storage, making it affordable for all classes of data. The company has seen significant customer adoption, with customers including Fortune 500 companies, government agencies, and leading hedge funds. VAST Data has also experienced employee growth and industry recognition for its product innovation. The funding round reflects the companys strong performance and positions it for continued success.
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growth-positive
World-Leading Telco Selects VAST Data Universal Storage To Power Tens of Petabytes of Splunk Ingest
VAST Data, a storage company, has been selected by a major U.S. telecommunications company to transform the speed, serviceability and economics of its Splunk environment. The VAST all-flash storage cluster will ingest up to 1PB of log data per day. The VAST Data ‘Cold.Flash’ solution introduces significant economic benefits for the customer, making it possible to finally afford flash storage for all hot and cold data. The companys Universal Storage platform is built entirely from affordable all-flash infrastructure and will enable rapid search for all of the customer’s Splunk data.
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growth-positive
Flash startup Vast Data strives to make disk storage extinct
Vast Data, a startup specializing in all-flash storage, aims to make disk storage obsolete by combining storage class memory and consumer-grade QLC drives. The companys Universal Storage hardware, which uses Intel Optane persistent memory chips and QLC NAND, provides fast access without the need for tiered storage. Vast Data believes that its system will replace hard drives in the near future. The company targets organizations with rapid data growth and offers a minimum configuration of 1 petabyte. Vast Data plans to make flash storage more cost-effective and expand into new use cases. The CEO, Renen Hallak, previously worked at all-flash startup XtremIO. Vast Data came out of stealth in 2019 and is focused on solving big data challenges.
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growth-positive
VAST Data quick-fills Kubernetes containers with file data - Blocks and Files
VAST Data has announced Kubernetes Container Storage Interface (CSI) support for its storage array operating system. The company claims its CSI driver and Universal Storage system deliver three times the performance of a Pure FlashArray all-flash SAN storage system. VAST Datas array is a solid-state-based system that uses quad-level cell flash memory, Optane XPoint media, and NVMEoF access. The company plans to add SMB support in the future.
CustomersPartners
growth-positive
VAST Data Launches Next Generation Universal Storage Architecture Designed to Increase Performance, Resilience and Scale for Modern Data Driven Applications
VAST Data has launched version 2.0 of its Universal Storage architecture, which includes upgrades for AI applications, no-compromise snapshots, and asymmetric cluster expansion. These innovations aim to increase performance and resiliency for data-intensive applications and help enterprises deal with storage challenges caused by exponential data growth. The upgrades provide high bandwidth performance for machine learning and deep learning applications, eliminate data copying during snapshot events, and allow for online expansion of storage clusters. VAST Datas Universal Storage system has gained significant adoption, and the company believes that the new enhancements will further improve performance and resilience for modern applications.
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growth-positive
Vast Data raises $40 million for 'exabyte-scale' enterprise storage
Vast Data, a company focused on developing a disaggregated, shared-everything (DASE) architecture for enterprise storage, has emerged from stealth with $40 million in series B financing. The funding was contributed by TPG Capital and existing investors Norwest Venture Partners, Dell Technologies Capital, 83 North, and Goldman Sachs. Vasts storage platform leverages technologies like NVMe over Fabric and storage-class persistent memory to enable management and control from a single source in real time. The architecture also offers innovations in data protection and data deduplication. Vasts solution can be deployed as a turnkey server and storage cluster appliance or as storage plus Vast container software. The company has offices in New York, Tel Aviv, and San Francisco.
Investment
VAST Data Team
Employee Info
| Employees (range) | 500+ |
| Exact count | 1047 |
| Team members | 8 |
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Admin Info
| Confidence | 91/100 |
| Missing | markets, not claimed |
| BI Verification | Natalia Golczar |
| Registrar ID | 515350155 |
| Crunchbase | vast-data |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Dana Arnon |
| Updater email | dana.arnon@mail.huji.ac.il |
| Last update | 2023-12-10T00:00:00.000Z |
| Created | 2017-03-24T00:00:00.000Z |