{"id":413,"date":"2020-04-21T10:54:29","date_gmt":"2020-04-21T10:54:29","guid":{"rendered":"https:\/\/solutionsreview.com\/data-storage\/?p=413"},"modified":"2020-04-21T14:56:28","modified_gmt":"2020-04-21T14:56:28","slug":"vast-data-raises-100-million-in-series-c-funding","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/data-storage\/vast-data-raises-100-million-in-series-c-funding\/","title":{"rendered":"VAST Data Raises $100 Million in Series C Funding"},"content":{"rendered":"

\"VASTVAST Data <\/span>recently announced<\/span><\/a> $100 million in Series C funding, led by Next47, at a valuation of $1.2 billion. This represents a near-tripling since the company\u2019s launch in February 2019. The round brings the company\u2019s total funding to $180 million and also includes strong participation from past investors and new investors. These investors include 83North, Commonfund Capital, Dell Technologies Capital, Goldman Sachs, Greenfield Partners, Mellanox Capital, and Norwest Venture Partners. This new funding will be used to drive global expansion and accelerate the company\u2019s next phase of growth.<\/span><\/p>\n

Our <\/span><\/span>Buyer\u2019s Guide for Data Storage<\/span><\/i><\/a> helps you evaluate the best solution for your use case and features profiles of the leading providers, as well as a category overview of the marketplace.<\/span><\/div><\/span><\/p>\n

In a press statement, Founder and CEO of VAST Data, Renen Hallak said, \u201cwe started VAST Data with a single mission, to simplify the data center and to enable insights that were never before possible. In 2019, VAST\u2019s early customer adoption and financial performance surpassed all historic benchmarks \u2014 validating that the technology and product-market fit were right for customers whoa re struggling under tiered storage architectures and the limitations of the hard drive. Considering that VAST has not even tapped into its $40M Series B financing, the company now has a $140M war chest to satisfy global customer demand for next-gen infrastructure and to enable data-driven applications through continued innovation.\u201d<\/span><\/p>\n

Recently VAST Data\u2019s Universal Storage was recognized by Storage Magazine and SearchStorage as the 2019 Product of the Year, as one of CRN\u2019s 10 Hottest Data Storage Startups of 2019, and as a Channel Partners 2020 Channel Influencer.<\/span><\/p>\n

Learn more about <\/span>VAST Data.<\/span><\/a><\/p>\n

<\/div><\/p>\n

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\"Download<\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

VAST Data recently announced $100 million in Series C funding, led by Next47, at a valuation of $1.2 billion. This represents a near-tripling since the company\u2019s launch in February 2019. The round brings the company\u2019s total funding to $180 million and also includes strong participation from past investors and new investors. These investors include 83North, […]<\/p>\n","protected":false},"author":43,"featured_media":414,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[4],"tags":[190,189],"acf":[],"yoast_head":"\nVAST Data Raises $100 Million in Series C Funding<\/title>\n<meta name=\"description\" content=\"VAST Data has announced $100 million in Series C funding at a valuation of $1.2 billion. This represents a near-tripling since the company\u2019s launch.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/data-storage\/vast-data-raises-100-million-in-series-c-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VAST Data Raises $100 Million in Series C Funding\" \/>\n<meta property=\"og:description\" content=\"VAST Data has announced $100 million in Series C funding at a valuation of $1.2 billion. 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VAST Data<\/span><\/a> has developed the first all-flash storage platform that transforms the economics of flash storage in order to make flash infrastructure affordable for all classes of data, effectively making the hard drive and storage tiering obsolete. VAST\u2019s platform is applied across a range of industries, offers next-generation life science advancements and helps financial services organizations to stabilize the economy during the coronavirus outbreak.<\/span><\/p>\n