VAST Data

Vast data is a next generation storage company that develops a computer software data storage platform.

VAST Data has come up with a cost-effective way to deliver flash storage.

VAST Data was founded in 2016 by Renen Hallak, alongside with Shachar Fienblit and Jeff Denworth. The company is headquartered in New York, New York.

VAST Data is simplifying the data center and redefining how organizations interact with data with its Universal Storage concept.

VAST combines a series of innovations to radically change the flash cost vs. capacity equation, democratizing the utility of flash for all data and all applications. The result: no more slow and failure-prone hard drives, no more complex storage tiers.

 

VAST has established itself as the fastest-selling storage company in history. Every day, organizations across diverse industries and across four continents are more and more modernizing their analytics, content, computing and AI infrastructure with Universal Storage.

 

VAST is backed by Next47, 83North, Commonfund Capital, Dell Technologies Capital, Goldman Sachs, Greenfield Partners and others. The company raised $100M in a Series C round on Apr 16, 2020. This brings VAST's total funding to $180M to date. The new round also gives the company a whooping $1.2B valuation post-money.

 

 

  • Year founded: 2016
  • Funding Info: $180M over 4 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: $50M-$100M (2019)
  • Employee Size: 51-200
  • Business Valuation: Valued at $1.2B as of April 16, 2020
  • City/Town: New York
  • State: New York
  • Country: United States
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