VAST Data
All-flash data platform purpose-built for AI workloads and exabyte-scale enterprises
Enterprise
📍 New York, NY
Founded 2016
Current Valuation
$30B
as of 2026-Q2
DECACORN
VAST Data sells a disaggregated all-flash data platform optimized for AI training and inference at hyperscale. Powers some of the world's largest AI training clusters including CoreWeave and xAI's Colossus. Achieved $200M+ ARR with strong free cash flow before its 2024 funding round.
Company Profile
Growth
Series F at $30B in April 2026, a 3.3x step-up from the $9.1B Series E of late 2023; $4B+ cumulative bookings and $500M+ committed ARR exiting the last fiscal year with positive operating margin and free cash flow; a "Rule of X" score of 228%; reached $100M ARR faster than any data infrastructure company on record, on ~$381M of primary capital through Series E
Last Round
Series F — $1.0B (Apr 2026) · Lead: Drive Capital & Access Industries
Fundraising Status
Series F · $1.0B · 4 mo ago
rumoredTotal raised $1.4B
Latest Funding Round
| Round | Amount | Date | Lead Investor | Post-Money |
|---|
| Series F | $1.0B | Apr 2026 | Drive Capital & Access Industries | $30B |
Founders & Key People
Renen HallakShachar FienblitJeff Denworth
Investors
Drive Capital · Access Industries · NVIDIA · Fidelity Management & Research Company · NEA · Tiger Global · Dell Technologies Capital · Norwest Venture Partners · CapitalG
Products
- VAST AI Operating System
- VAST DataStore (disaggregated shared-everything storage)
- VAST DataBase / DataSpace
- VAST InsightEngine
- VAST AgentEngine (agentic execution)
Competitors
Pure Storage · WEKA · DDN · NetApp · Dell Technologies · Hammerspace
AI InfrastructureStorageEnterpriseDecacorn
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q2. Refreshed quarterly.