VAST Data raises $1 billion at a $30 billion valuation
![VAST Data raises $1 billion at a $30 billion valuation](["https://image.cnbcfm.com/api/v1/image/108312929-260527-VAST_Data_CEO_Renen_Hallak.jpg?v=1779939544&w=1920&h=1080","https://image.cnbcfm.com/api/v1/image/108312929-260527-VAST_Data_CEO_Renen_Hallak.jpg?v=1779939544&w=1920&h=1080"])
VAST Data CEO Renen Hallak announced the company raised a $1 billion Series F funding round, valuing the company at $30 billion. This valuation significantly increases from its previous $9 billion Series E valuation two years prior.
Key Takeaways
- VAST Data’s Series F brought in $1 billion in new funding.
- The company was valued at $30 billion in the round.
- That valuation is more than triple VAST Data’s $9 billion Series E from two years ago.
- CEO Renen Hallak discussed the raise with Jon Fortt.
Why It Matters
The immediate signal is clear: VAST Data has secured a very large private financing at a much higher price than its last round, giving it a $30 billion valuation. That scale alone makes it one of the more closely watched infrastructure financings in the market. For the broader ecosystem, the jump from $9 billion to $30 billion in two years shows how aggressively top-tier data infrastructure companies are being priced. The next concrete marker to watch is the exact Series F size relative to the prior Series E benchmark.
Read full article at cnbc.com