VAST Data is not just in the AI infrastructure game, they’re building the stadium, selling the tickets, and running the scoreboard. Born in 2016 from the combined minds of Renen Hallak, Shachar Fienblit, Jeff Denworth, and Alon Horev, this crew didn’t set out to tweak storage systems. They tore the old blueprints into confetti and built an AI Operating System that fuses storage, database, and compute into one unified, infinitely scalable platform. The kind of thing that makes old-guard data architectures look like flip phones in a 5G world.
Now they’re negotiating a Series F round that could value them at $30 billion. Yes, billion. That’s more than triple the $9.1B mark from late 2023. CapitalG is leading, Nvidia is doubling down, and a crowd of heavyweight PE, VC, and tech players are circling. For context: VAST Data has already raised $381M across six rounds, stayed cash-flow positive for over five years, and is pacing ARR from $200M this year to $600M in 2026.
Their customer roster reads like the credits of a blockbuster: NASA, Disney, Pixar, Zoom, Verizon, the U.S. Air Force, and Elon Musk’s xAI. They’re managing 8+ exabytes of data with 90% gross margins, stacking 5–7 year deals, and delivering 2.5–3x growth annually. All powered by their DASE architecture, decoupling compute from storage, giving every CPU access to every storage device, and scaling cleanly to exabyte territory without the drag.
This isn’t theoretical. VAST Data is in 700+ customer environments across HPC, AI-native clouds, and enterprises where data gravity crushes anything less. Partners like Cisco, HPE, and Supermicro are already wired into their ecosystem. International moves, like their deal with Vietnam’s FPT Corporation to build AI Factories across Asia-Pacific, show they’re playing a truly global game.
With Renen Hallak steering, Shachar Fienblit driving R&D, Jeff Denworth translating vision into product, Alon Horev shaping technology strategy, Amy Shapero tightening the IPO playbook, and Michael Wing pushing scale, VAST Data is not a storage company, it’s an AI era infrastructure superpower. And if this Series F closes where it’s pointing, they’ll have the capital to match their ambition.
The AI gold rush is on. VAST Data isn’t panning for nuggets. They’re building the machinery that runs the mines.
