Vast Data Seeks $25B Valuation

Vast Data, an AI-focused data storage platform, is reportedly seeking a valuation of $25 billion in its latest funding round. This represents a significant jump from its previous valuation of $9.1 billion in December 2023 after a Series E funding round. The company's platform is designed to manage and accelerate data-intensive applications for enterprises and cloud service providers, particularly in the realm of AI and deep learning.

Vast Data's platform includes VAST DataStore, VAST DataBase, VAST DataEngine, and VAST DataSpace, offering solutions for unstructured data storage, database management, function execution, and global namespace management. The company recently launched an AI operating system built on its existing AI Data Platform, providing services for distributed agentic computing and AI agents. This includes a new AgentEngine feature with a low-code environment for building intelligent workflows.

Founded in 2016, Vast Data has raised $381 million in funding to date. The company's technology is aimed at enabling real-time insights and scalability for AI and data discovery, positioning itself as a key player in the evolving AI infrastructure landscape. The new funding round would further solidify its position in the market.