VAST Data has secured a $30 billion valuation following the close of its Series F funding round, underscoring the growing demand for next-generation data infrastructure to support artificial intelligence at scale. The round, led by Drive Capital with Access Industries as co-lead, included both new and existing investors, bringing the total transaction value to approximately $1 billion.
The latest valuation marks a more than threefold increase from the company’s $9.1 billion Series E valuation in late 2023, reflecting strong market confidence in VAST Data’s role at the center of the rapidly evolving AI ecosystem. The fresh capital will be used to accelerate global expansion, strengthen partnerships, and further enhance its AI Operating System platform.
“We are already supporting AI environments spanning millions of GPUs globally, operating across every layer of the AI stack. Applications, models, and infrastructure are no longer independent they now operate as a single system through data.”
— Renen Hallak, Founder and CEO, VAST Data
Founded in 2016, VAST Data has built its architecture around Disaggregated Shared Everything (DASE), a model designed to eliminate traditional trade-offs between performance, scalability, and cost. Over time, this foundation has evolved into the VAST AI Operating System, which integrates data, compute, and real-time processing into a unified platform. This approach enables enterprises to build, train, and deploy AI models while supporting advanced applications and agentic workflows at scale.
The company’s platform has become a critical component in global AI infrastructure, supporting environments that power millions of GPUs. Organizations across industries including hyperscalers, enterprises, and government entities are leveraging VAST Data to manage and operationalize vast datasets required for AI training and inference.
Financially, VAST Data has demonstrated a rare balance of growth and profitability. The company has surpassed $4 billion in cumulative bookings and exited its last fiscal year with over $500 million in committed annual recurring revenue (CARR), alongside positive operating margins and free cash flow. Its reported Rule of X score of 228% highlights strong operational efficiency combined with rapid expansion.
Industry leaders and partners have also validated VAST Data’s approach, citing its ability to support large-scale AI workloads and next-generation infrastructure initiatives. As enterprises scale AI adoption, the need for unified, resilient data platforms continues to grow positioning VAST Data as a key enabler of the emerging AI-driven infrastructure stack.
