Article · Wikipedia archive · Last revised May 28, 2026

VAST Data

VAST Data is a private technology company that develops data platform software for artificial intelligence (AI) and deep learning applications. The company develops a data platform that combines storage, database, and distributed computing capabilities.

Last revised
May 28, 2026
Read time
≈ 5 min
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1,138 w
Citations
38
Source
Wikipedia ↗
VAST Data
Company type
Private
IndustryComputer Software
FoundedJanuary 2016 (2016-01)
Founders
  • Renen Hallak
  • Shachar Fienblit
  • Jeff Denworth
  • Alon Horev
Key people
  • Renen Hallak (CEO)
  • Shachar Fienblit (VP R&D)
  • Michael Wing (President)
Number of employees
1,000 (2025)1
Websitevastdata.com

VAST Data2 is a private technology company that develops data platform software for artificial intelligence (AI) and deep learning applications.34 The company develops a data platform that combines storage, database, and distributed computing capabilities.56

History

VAST Data was founded in 2016 by Renen Hallak, the former head of R&D at XtremIO (acquired in 2012 by Dell EMC),78 Shachar Fienblit, formerly of Kaminario, and Jeff Denworth, formerly of CTERA Networks.910 Mike Wing, formerly of Dell EMC, serves as company president.101112 In 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).139

VAST ranked No. 5 on the 2022 Deloitte Technology Fast 50014 and No. 3 on the 2023 Financial Times list of The Americas’ Fastest-Growing Companies.15 In 2023 VAST surpassed $1 billion in cumulative software bookings and $200 million in annual recurring revenue (ARR).161718 In 2024 VAST was included in the Forbes Cloud 100 and was named a leader in the Gartner Magic Quadrant for File and Object Storage Platforms.1

In 2025 VAST was named to the CNBC Disruptor 5019 and the Forbes AI 50,2021 and reached $2 billion in cumulative software bookings.22 In April 2026 VAST surpassed $4 billion in cumulative bookings and ended the previous fiscal year with more than $500 million in committed annual recurring revenue (CARR).2324 The company also delivered a “Rule of X” score of 228% for the previous fiscal year.2526

VAST partners with several systems technology vendors, including Arista, Cisco, Equinix, HPE, Lenovo, NVIDIA, and Supermicro.272829

Funding

In 2016, VAST raised $15 million in Series A funding led by 83North and Norwest Venture Partners. In 2018, the company raised an additional $25 million in a Series A1 round led by Dell Technologies Capital alongside 83North and Norwest Venture Partners. In 2019, VAST secured $40 million in Series B funding led by Greenfield Partners, followed by a $100 million Series C round in 2020 led by Next47. In 2021, the company raised $83 million in Series D funding led by Tiger Global Management that valued the company at $3.7 billion. In 2023, VAST completed a $118 million Series E round led by Fidelity Management and Research Company, raising the company valuation to over $9 billion. In 2026, the company raised approximately $1 billion in Series F financing led by Drive Capital and Access Industries at a new valuation of $30 billion.3031

Series Date Amount (million $) Lead Investor(s)
A 2016 15 83North, Norwest
A1 2018 25 Dell Technologies Capital, 83North, Norwest
B 2019 40 Greenfield, 83North, Norwest
C 2020 100 Next47
D 2021 83 Tiger Global Management
E 2023 118 Fidelity Management and Research Co.
F 2026 1,000 Drive Capital, Access Industries

Product

The VAST AI Operating System is a data platform that ingests data from distributed sources, applies AI-based metadata enrichment, and supports automated agent-based processing pipelines.32 It includes several components:

  • VAST DataStore (formerly Universal Storage), an unstructured data storage service
  • VAST DataBase, a database management system (DBMS) that combines features of a traditional database, data warehouse, and data lake
  • VAST DataEngine, a global function execution engine
  • VAST DataSpace, a global namespace that allows each location to store, retrieve, and process data
  • VAST InsightEngine, developed in partnership with NVIDIA, a real-time retrieval-augmented generation (RAG) service33
  • VAST AgentEngine, an AI agent deployment and orchestration system
  • VAST SyncEngine, a tool for ingesting, cataloging, and providing access to unstructured data from distributed sources for use in AI applications34

The platform can be deployed in on-premises data centers, public clouds, and edge environments, and is offered as a subscription-based service.35

References

References

  1. "The Cloud 100 2025". Forbes. Retrieved 2025-09-04.
  2. In Hebrew ווסט דאטה בע"מ, lit. Vast Data LLC
  3. Mellor, Chris (February 26, 2019). "VAST Data: The first thing we do, let's kill all the hard drives". Blocks and Files.
  4. Miller, Ron (April 16, 2020). "TechCrunch".
  5. Adshead, Antony. "QLC + 3D Xpoint = Vast Data's universal storage". Computer Weekly.
  6. Williams, Joe (April 17, 2020). "Business Insider".
  7. "EMC buys XtremIO for $430m - Globes". en.globes.co.il. 2012-05-10. Retrieved 2023-11-15.
  8. Kovar, Joseph F. (April 16, 2020). "Renen Hallak Talks Future". CRN.
  9. Wilson, Alexandra (April 16, 2020). "VAST Data Gets $1.2 Billion Valuation, As Researchers Race To Combat COVID-19". Forbes.
  10. Mellor, Chris (February 26, 2019). "VAST Data's business sitrep". Blocks and Files.
  11. "Mike Wing, Vast Data Inc: Profile and Biography". Bloomberg.com. Retrieved 2023-11-15.
  12. Onyeagoro, Jennifer (2026-04-27). "VAST Data Hits $30B Valuation as Demand for AI Infrastructure Surges". TechAfrica News. Retrieved 2026-04-27.
  13. Robinson, Daniel (2019-06-05). "VAST Data guarantees no downtime, no data loss". Blocks and Files. Retrieved 2023-11-15.
  14. "2022 Technology Fast 500™ Rankings" (PDF). deloitte.com.
  15. "The Americas' Fastest-Growing Companies 2023". Financial Times. Retrieved 2026-05-13.
  16. "VAST Data closes $118 million Series E, nearly triples valuation to $9.1 billion". ctech. 2023-12-06. Retrieved 2023-12-20.
  17. "Genesys Cloud Reaches Nearly $1.3 Billion Annual Recurring Revenue in Third Quarter of Fiscal Year 2024". Genesys. Retrieved 2023-12-20.
  18. "Vast Data closes funding round in wake of AWS upgrade". Capacity Media. 2023-12-07. Retrieved 2023-12-20.
  19. staff, CNBC com (2025-06-10). "2025 CNBC Disruptor 50: See the full list of companies leading new era of AI breakthroughs and riches". CNBC. Retrieved 2025-07-02.
  20. "VAST Data | Company Overview & News". Forbes. Retrieved 2026-05-13.
  21. "VAST Data Named to 2025 Forbes AI 50 List". Yahoo Finance. Retrieved 2026-05-13.
  22. Data, VAST. "VAST Data Unveils the Operating System for the Thinking Machine". www.vastdata.com. Retrieved 2025-07-02.
  23. "VAST Data confirms $1b raise at $30b valuation | The Jerusalem Post". The Jerusalem Post | JPost.com. 2026-04-23. Retrieved 2026-04-23.
  24. "VAST Data Valued at $30B as AI Drives a New Infrastructure Stack". BigDATAwire. Retrieved 2026-04-23.
  25. "VAST Data's $30B Moment Comes as Its AI Architecture Bet Pays Off | TechArena Content". techarena.ai. Retrieved 2026-04-23.
  26. Sofia, Nurin (2026-04-23). "VAST Data reaches US$30 billion valuation on AI infrastructure demand". Tech Edition. Retrieved 2026-04-23.
  27. "VAST Data Valued at $30 Billion as AI Drives a New Infrastructure Stack". markets.businessinsider.com. Retrieved 2026-05-13.
  28. Salamone, Salvatore (2023-10-01). "Real-time Analytics News for the Week Ending September 30". RTInsights. Retrieved 2023-11-15.
  29. "Distribution underpinning VAST Data's EMEA expansion plans". MicroScope. Retrieved 2023-11-15.
  30. say, Georgia Butler Have your (2026-04-22). "Vast Data secures $1bn in Series F funding at $30bn valuation". www.datacenterdynamics.com. Retrieved 2026-04-23.
  31. Nicol-Schwarz, Kai (2026-04-22). "Nvidia backs AI company Vast Data at $30 billion valuation". CNBC. Retrieved 2026-04-23.
  32. Morgan, Timothy Prickett (2023-08-01). "Vast Data Intentionally Blurs The Line Between Storage And Database - The Next Platform". www.nextplatform.com. Retrieved 2023-11-15.
  33. "VAST Data Unveils Groundbreaking VAST InsightEngine with NVIDIA to Unlock Insights from All Enterprise Data". Yahoo Finance. Retrieved 2026-05-13.
  34. "Vast Data's SyncEngine helps AI agents to tap unstructured data from every source". SiliconANGLE. 2025-08-21. Retrieved 2025-09-04.
  35. "VAST Data Deep Learning Data Platform - Built for AI". StorageReview.com. 2023-08-04. Retrieved 2024-01-31.
External links