VAST Data

VAST Data was founded in 2016 by Renen Hallak, the former head of R&D at XtremIO (acquired in 2012 by Dell EMC),{{Cite web |date=2012-05-10 |title=EMC buys XtremIO for $430m - Globes |url=https://en.globes.co.il/en/article--1000747655 |access-date=2023-11-15 |website=en.globes.co.il |language=en}}{{cite web |last1=Kovar |first1=Joseph F. |title=Renen Hallak Talks Future |url=https://www.crn.com/slide-shows/storage/vast-data-ceo-renen-hallak-talks-future-finance-and-a-100m-funding-round/9 |website=CRN |date=April 16, 2020}} Shachar Fienblit, formerly of Kaminario, and Jeff Denworth, formerly of CTERA Networks. Mike Wing, formerly of Dell EMC, serves as company president.{{cite web |last1=Mellor |first1=Chris |title=VAST Data's business sitrep |url=https://blocksandfiles.com/2019/02/26/vast-datas-business-sitrep/ |website=Blocks and Files |date=February 26, 2019}}{{Cite web |title=Mike Wing, Vast Data Inc: Profile and Biography |url=https://www.bloomberg.com/profile/person/22996955 |access-date=2023-11-15 |website=Bloomberg.com |language=en}}

In February 2019, VAST emerged from stealth mode, announcing $80 million of funding and the launch of its data storage software built on a new distributed systems architecture called DASE (Disaggregated and Shared Everything).{{Cite web |last=Robinson |first=Daniel |date=2019-06-05 |title=VAST Data guarantees no downtime, no data loss |url=https://blocksandfiles.com/2019/06/05/vast-data-zero-compromise-guarantee/ |access-date=2023-11-15 |website=Blocks and Files |language=en-US}}{{cite web |last1=Wilson |first1=Alexandra |title=VAST Data Gets $1.2 Billion Valuation, As Researchers Race To Combat COVID-19 |url=https://www.forbes.com/sites/alexandrawilson1/2020/04/16/vast-data-gets-12-billion-valuation-as-researchers-race-to-combat-covid-19/#352a3c9b39e6 |website=Forbes|date=April 16, 2020}}

VAST ranked No. 5 on the 2022 Deloitte Technology Fast 500{{Cite web |title=2022 Technology Fast 500™ Rankings |url=https://www2.deloitte.com/content/dam/Deloitte/us/Documents/technology-media-telecommunications/us-tmt-22-deloitte-technology-fast-500-ranking-list.pdf |website=deloitte.com}} and No. 3 on the 2023 Financial Times list of The Americas’ Fastest-Growing Companies.

In December 2023, VAST announced it had surpassed $1 billion in cumulative software bookings; had surpassed $200 million in annual recurring revenue (ARR).{{Cite web |date=2023-12-06 |title=VAST Data closes $118 million Series E, nearly triples valuation to $9.1 billion |url=https://www.calcalistech.com/ctechnews/article/bjfh5gast |access-date=2023-12-20 |website=ctech |language=en}}{{Cite web |title=Genesys Cloud Reaches Nearly $1.3 Billion Annual Recurring Revenue in Third Quarter of Fiscal Year 2024 |url=https://www.genesys.com/company/newsroom/announcements/genesys-cloud-reaches-nearly-1-3-billion-annual-recurring-revenue-in-third-quarter-of-fiscal-year-2024 |access-date=2023-12-20 |website=Genesys |language=en-us}}{{Cite web |last=McDowell |first=Steve |title=VAST Data More Than Doubles Valuation to $9.1B in Latest Funding Round |url=https://www.forbes.com/sites/stevemcdowell/2023/12/07/vast-data-doubles-valuation-to-91b-in-latest-funding-round/ |access-date=2023-12-20 |website=Forbes |language=en}}{{Cite web |date=2023-12-07 |title=Vast Data closes funding round in wake of AWS upgrade |url=https://www.capacitymedia.com/article/2cju0ldin3p1x9m1se800/news/vast-data-closes-funding-round-in-wake-of-aws-upgrade |access-date=2023-12-20 |website=Capacity Media |language=en}}

In 2024, VAST was included in the Forbes Cloud 100, a list of the top private cloud computing companies, and was named a leader in the Gartner Magic Quadrant for File and Object Storage Platforms.{{Cite web |last=KONRAD" |first="KENRICK CAI"," ALEX |title=Forbes Cloud 100 2024 List - Best Cloud Computing Companies Ranked |url=https://www.forbes.com/lists/cloud100/ |access-date=2024-11-14 |website=Forbes |language=en}}

In 2025, VAST Data was named to the Forbes AI 50.{{Cite web |title=Forbes List Directory |url=https://www.forbes.com/lists/list-directory/ |access-date=2025-05-13 |website=Forbes |language=en}}

In 2025, TechCrunch reported that VAST Data is raising a new round of capital and seeking at $25 billion valuation.{{Cite web |last=Temkin |first=Marina |date=2025-06-10 |title=Exclusive: AI storage platform Vast Data aimed for $25B valuation in new round, sources say |url=https://techcrunch.com/2025/06/10/ai-storage-platform-vast-data-aimed-for-25b-valuation-in-new-round-sources-say/ |access-date=2025-06-11 |website=TechCrunch |language=en-US}}

VAST Data has raised $381 million in funding.{{Cite web |last=Wiggers |first=Kyle |date=2023-12-06 |title=Vast Data lands $118M to grow its data storage platform for AI workloads |url=https://techcrunch.com/2023/12/06/vast-data-lands-118m-to-grow-its-data-storage-platform-for-ai-workloads/ |access-date=2024-03-14 |website=TechCrunch |language=en-US}}

In December 2023 VAST announced a Series E funding round led by Fidelity Management and Research Co. that raised $118 million at a valuation of $9.1 billion.{{Cite web |last=Sharma |first=Shubham |date=2023-12-06 |title=AI infrastructure major VAST Data’s valuation surges to over $9B after fresh funding |url=https://venturebeat.com/data-infrastructure/ai-infrastructure-major-vast-datas-valuation-surges-to-over-9b-after-fresh-funding/ |access-date=2023-12-20 |website=VentureBeat |language=en-US}}{{Cite news |date=2023-06-12 |title=AI data platform VAST Data raises $118m at $9b valuation |language=en |work=Globes |url=https://en.globes.co.il/en/article-ai-data-platform-vast-data-raises-118m-at-9b-valuation-1001464366 |access-date=2023-12-20}}{{Cite web |date=2023-12-18 |title=CrowdStrike and Optiv Surpass $1 Billion in Sales |url=https://www.wallstreet-online.de/nachricht/17643224-crowdstrike-and-optiv-surpass-1-billion-sales |access-date=2023-12-20 |website=wallstreet-online.de |language=de}}{{Cite web |last=Wiggers |first=Kyle |date=2023-12-06 |title=Vast Data lands $118M to grow its data storage platform for AI workloads |url=https://techcrunch.com/2023/12/06/vast-data-lands-118m-to-grow-its-data-storage-platform-for-ai-workloads/ |access-date=2023-12-20 |website=TechCrunch |language=en-US}}{{Cite web |last=Hu and |first=Krystal |title=VAST Data eyes IPO after valuation surges to $9.1 bln in latest fund raise |url=https://www.reuters.com/technology/vast-data-valued-91-bln-after-latest-fund-raise-2023-12-06/ |website=Reuters}}

The VAST Data Platform enables organizations to store, manage, and process large amounts of structured and unstructured data for AI and deep learning initiatives. The platform comprises several:{{Cite web |last=Morgan |first=Timothy Prickett |date=2023-08-01 |title=Vast Data Intentionally Blurs The Line Between Storage And Database - The Next Platform |url=https://www.nextplatform.com/2023/08/01/vast-data-intentionally-blurs-the-line-between-storage-and-database/,%20https://www.nextplatform.com/2023/08/01/vast-data-intentionally-blurs-the-line-between-storage-and-database/ |access-date=2023-11-15 |website=www.nextplatform.com |language=en-US}}

• VAST DataStore (formerly known as Universal Storage), an unstructured data storage solution
• VAST DataBase, a database management system (DBMS) that includes the constructs of a traditional database, data warehouse, and data lake
• VAST DataEngine (scheduled to be generally available in 2025), a global function execution engine
• VAST DataSpace, a global namespace that permits every location to store, retrieve, and process data
• VAST InsightEngine with NVIDIA, a real-time retrieval-augmented generation (RAG) solution{{Cite web |last=Kimball |first=Matt |title=VAST Data Deepens Its AI Enablement With InsightEngine |url=https://www.forbes.com/sites/moorinsights/2024/10/07/vast-data-deepens-its-ai-enablement-with-insightengine/ |access-date=2024-11-14 |website=Forbes |language=en}}

The platform is deployable in on-premises data centers, public clouds, and edge environments, and is delivered as a subscription-based service.{{Cite web |date=2023-08-04 |title=VAST Data Deep Learning Data Platform - Built for AI |url=https://www.storagereview.com/news/vast-data-deep-learning-data-platform-built-for-ai |access-date=2024-01-31 |website=StorageReview.com |language=en-US}}

VAST operates globally with a strong presence in key international markets, including Japan, Singapore, the United Arab Emirates, and Saudi Arabia. VAST is a no-headquarters company with offices in New York City; Campbell, California; Durham, North Carolina; Tel-Aviv; Tokyo, Riyadh; Singapore; and Dubai.

VAST partners with several systems technology vendors worldwide, including Arista, Cisco, Equinix, HPE, Lenovo, NVIDIA, and Supermicro.{{Cite web |last=Salamone |first=Salvatore |date=2023-10-01 |title=Real-time Analytics News for the Week Ending September 30 |url=https://www.rtinsights.com/real-time-analytics-news-for-the-week-ending-september-30/ |access-date=2023-11-15 |website=RTInsights |language=en-US}}{{Cite web |title=Distribution underpinning VAST Data’s EMEA expansion plans |url=https://www.computerweekly.com/microscope/news/252512879/Distribution-underpinning-VAST-Data-EMEA-expansion-plans |access-date=2023-11-15 |website=MicroScope |language=en}}

• [https://vastdata.com/ VAST Data]

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