Vast Data Plans to Raise $1 Billion, with the Round Expected to be Primarily Secondary

Many of us likely read the article published yesterday, February 5, 2026, in Globes regarding a potential upcoming investment round for Vast Data.If the reported figures are accurate, the news is remarkable and highlights an extraordinary growth story and trajectory. Founded in 2016, Vast Data is marking its 10th anniversary this year, reaffirming the strength of its vision, execution, and technological alignment with the evolving demands of AI workloads across all dimensions. This also underscores how several major innovation waves originating from Israel have had significant market influence and impact.

To date, the company has raised $381 million across seven funding rounds. The most recent round, Series E, took place in December 2023 – more than two years ago – raising $118 million at a $9 billion pre-money valuation, which was already considered exceptionally high.

It appears that Vast Data has been preparing this new round for quite some time. Raising $1 billion at a $30 billion valuation would represent an extraordinary $21 billion increase in just two years. Such a valuation trajectory – among others – is spectacular and relatively unique in our industry. However, the Israeli article suggests that the actual valuation may be somewhat lower, in the range of $24–25 billion.

While this growth is undeniably impressive, it can also be frustrating for employee shareholders as well as early and smaller investors, who may feel that they will never realize returns from their contributions to this remarkable journey. This upcoming round may address this issue by enabling the distribution of liquidity. More globally, the question of liquidity remains a broader industry challenge.

We expect this major announcement to be officially unveiled at Vast Data Forward later this month.