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Confirmed, Vast Data Raised $1 Billion at $30 Billion Valuation

Confirming the trajectory by the company for a few years now

Massive, amazing, extraordinary – many words come to mind when looking at this news.
The amount is truly impressive for a company that started out as a storage software vendor, even if it has evolved into something quite different today.

Vast Data continues to impress the market through its investment rounds, the capital it raises, and the valuations it achieves. This is also a testament to the strength of the storage foundation and the data services platform the company has designed, developed, and built over time.

There is no official press release yet. However, Crunchbase reports that the round was split into two parts: $500 million in new financing at a $29.5 billion valuation, and another $500 million tied to the secondary market to provide liquidity and allow early stakeholders to monetize part of their holdings.

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