VAST Data Valued at $30 Billion as AI Drives a New Infrastructure Stack
Source: The Manila times
Published on: 2026-04-22 15:28
New funding reflects VAST's rare combination of growth and profitability, driven by its central role in powering AI infrastructure at global scale Remote-First Company | New York City, April 22, 2026 (GLOBE NEWSWIRE) -- VAST Data, the AI Operating System company, today announced the closing of its Series F financing at a $30 billion valuation, representing more than a threefold increase from its $9.1 billion Series E valuation in late 2023. The latest round was led by Drive Capital, with Access Industries acting as co-lead, and included participation from existing investors including Fidelity Management & Research Company, NEA, and NVIDIA, alongside new investors. This financing reflects the accelerating demand for a new data infrastructure stack needed for the development and deployment of artificial generally intelligent systems. The financing included primary and secondary capital, ...
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