VAST Data
 | This article contains promotional content. (September 2026) |
 | |
| Type | Private |
|---|---|
| Industry | Computer software, AI infrastructure |
| Founded | January 2016 |
| Key people |
|
| Products | Computer data storage, storage management software |
Number of employees | 1,000 (2025)[1] |
| Website | vastdata |
VAST Data is a privately owned data storage company. It is a supplier of computer storage, and provides storage solutions optimized for artificial intelligence workloads such as deep learning. The company is a supplier for many AI data centers.[2][3][4][5][6]
History
[edit]VAST Data was founded in January 2016 by Renen Hallak, former head of R&D at XtremIO,[7][8] Shachar Fienblit, Jeff Denworth, Alon Horev, and Michael Wing.[9][10][10][11]
In 2019, VAST emerged from stealth mode with $80 million in funding and launched its data storage software.[12][9] After the launch of ChatGPT in late 2022 and during the subsequent AI boom, VAST is a major storage supplier to AI data centers. VAST reported a revenue of $5 billion in 2025.[13]
VAST ranked No. 3 on the 2023 Financial Times list of The Americas' Fastest-Growing Companies.[14][15] It is part of the 2024 Forbes Cloud 100 list,[1] the 2025 CNBC Disruptor 50[16] and Forbes AI 50.[17][18] As of 2026, the company claimed to have a private valuation at $30 billion, based on the fact that it received $1 billion in that year's series F funding.[19][20][21]
The company's proprietary firmware and device drivers are optimized for machine learning applications, allowing for improved I/O performance and wear leveling, thus increasing the life span of the underlying flash memory-based solid-state drives (SSDs).[13]
The platform can be deployed in AI data centers, public clouds, and edge computing environments, and is offered as a subscription‑based service.[clarification needed][22]
Market position and partnerships
[edit]VAST Data provides storage infrastructure to neoclouds, which GPU-intensive computing services in competition with hyperscale cloud providers.[13][23] Its customers include:
- CoreWeave – $1.17 billion commercial agreement, November 2025.[13]
- Sharon AI – Deployed 600 petabytes of VAST's storages across its AI data centers, June 2026.[24][25]
- Mistral AI – Mistral's Nvidia GB300 NVL72 systems use VAST storage products.[26]
- Megaport[27]
References
[edit]- 1 2 "The Cloud 100 2025". Forbes. Retrieved 2025-09-04.
- ↑ Mellor, Chris (February 26, 2019). "VAST Data: The first thing we do, let's kill all the hard drives". Blocks and Files.
- ↑ Williams, Joe (April 17, 2020). "Business Insider".
- ↑ Nicol-Schwarz, Kai (2026-04-22). "Nvidia backs AI company Vast Data at $30 billion valuation". CNBC. Retrieved 2026-06-26.
- ↑ "Nvidia-Backed Vast Data Raises $1 Billion, Triples Valuation to $30 Billion". Bloomberg. 2026-04-22. Retrieved 2026-06-26.
- ↑ "VAST Data valued at $30 billion in latest funding round". Reuters. 2026-04-22. Retrieved 2026-06-26.
VAST Data said on Wednesday it was valued at $30 billion in its latest funding round, growing more than threefold since 2023. [... A company] founded in 2016, [it] builds software that helps companies store and process large volumes of information used to train and run artificial intelligence systems. [... In November 2025, the company] signed a $1.17 billion commercial agreement with cloud provider CoreWeave, extending their existing partnership.
- ↑ "EMC buys XtremIO for $430m - Globes". en.globes.co.il. 2012-05-10. Retrieved 2023-11-15.
- ↑ Kovar, Joseph F. (April 16, 2020). "Renen Hallak Talks Future". CRN.
- 1 2 Wilson, Alexandra (April 16, 2020). "VAST Data Gets $1.2 Billion Valuation, As Researchers Race To Combat COVID-19". Forbes.
- 1 2 Mellor, Chris (February 26, 2019). "VAST Data's business sitrep". Blocks and Files.
- ↑ "Mike Wing, Vast Data Inc: Profile and Biography". Bloomberg.com. Retrieved 2023-11-15.
- ↑ Robinson, Daniel (2019-06-05). "VAST Data guarantees no downtime, no data loss". Blocks and Files. Retrieved 2023-11-15.
- 1 2 3 4 Mellor, Chris (2026-06-16). "VAST Data and the evolving neoclouds". Blocks and Files. Retrieved 2026-06-26.
- ↑ "The Americas' Fastest-Growing Companies 2023". Financial Times. Retrieved 2026-05-13.
- ↑ "VAST Data closes $118 million Series E, nearly triples valuation to $9.1 billion". ctech. 2023-12-06. Retrieved 2023-12-20.
- ↑ 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.
- ↑ "VAST Data | Company Overview & News". Forbes. Retrieved 2026-05-13.
- ↑ Data, VAST. "VAST Data Unveils the Operating System for the Thinking Machine". www.vastdata.com. Retrieved 2025-07-02.
- ↑ "VAST Data confirms $1b raise at $30b valuation | The Jerusalem Post". The Jerusalem Post | JPost.com. 2026-04-23. Retrieved 2026-04-23.
- ↑ "VAST Data Valued at $30B as AI Drives a New Infrastructure Stack". BigDATAwire. Retrieved 2026-04-23.
- ↑ "VAST Data's $30B Moment Comes as Its AI Architecture Bet Pays Off | TechArena Content". techarena.ai. Retrieved 2026-04-23.
- ↑ "VAST Data Deep Learning Data Platform - Built for AI". StorageReview.com. 2023-08-04. Retrieved 2024-01-31.
- ↑ "VAST Data Hits $30 Billion Valuation Amid AI Revolution". Futuriom. 2026-04-22. Retrieved 2026-06-26.
- ↑ "Sharon AI Expands Partnership with VAST Data". Yahoo Finance. Retrieved 2026-06-26.
- ↑ "Australian neocloud Sharon AI taps VAST Data for its infra OS". Fierce Network. 2026-06-16. Retrieved 2026-06-26.
- ↑ "VAST Data Powers Mistral Compute AI Factories on NVIDIA GB300 NVL72". StorageReview. 2026-06-16. Retrieved 2026-06-26.
- ↑ "Megaport enlists VAST Data to unify its connectivity, compute and storage for AI offerings". SDxCentral. 2026-06-16. Retrieved 2026-06-26.