"VAST Data raised $1 billion in a Series F round at a $30 billion valuation, more than tripling the $9.1 billion it was valued at in its Series E in late 2023."
"More than $500 million of the total is secondary capital, meaning it goes to early investors and employees selling shares rather than into the company's treasury."
"The round makes VAST Data the most valuable private technology company founded in Israel, following Google's $32 billion acquisition of Wiz in March."
"Jensen Huang, Nvidia's chief executive, recorded a personal endorsement at VAST's Forward 2026 conference, stating that 'with VAST Data, we're transforming the storage of AI infrastructure.'"
VAST Data secured $1 billion in a Series F funding round, elevating its valuation to $30 billion, up from $9.1 billion. Drive Capital and Access Industries co-led the round, with participation from Nvidia, Fidelity, and NEA. Over $500 million of the funding is secondary capital, easing liquidity for early investors. The company reported $4 billion in cumulative bookings and over $500 million in committed annual recurring revenue. VAST Data is recognized as the most valuable private tech company from Israel, focusing on data infrastructure essential for AI processing.
Read at TNW | Investors-Funding
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