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fromTNW | Investors-Funding
1 week ago
Venture

VAST Data raises $1B at $30B valuation with Nvidia backing as AI data infrastructure demand accelerates

VAST Data raised $1 billion in Series F funding, achieving a $30 billion valuation, significantly increasing from its previous valuation of $9.1 billion.
Venture
fromTechzine Global
1 week ago

VAST Data grows extremely fast and is highly profitable; IPO is on the horizon

VAST Data's valuation has surged to $30 billion following its Series F funding round, reflecting significant growth and profitability.
fromTechzine Global
5 months ago

NetApp sues former CTO for alleged data breach

NetApp has filed a federal lawsuit against former Chief Technology Officer Jón Thorgrímur Stefánsson. The company alleges that during his employment, he used confidential information to establish a competing startup, which was acquired by rival VAST Data shortly after his departure. According to NetApp, the fact that VAST Data bought the startup Red Stapler shortly after its founding does not change the fact that VAST is not accused of involvement. The claims focus exclusively on the actions of Stefánsson and a few former colleagues.
Intellectual property law
fromTechzine Global
8 months ago

Alphabet and Nvidia are considering a multi-billion dollar investment in VAST Data

VAST Data is in discussions for financing that could elevate its valuation to $30 billion, positioning it among the top valuable AI startups.
Venture
#ai
Silicon Valley
fromTechCrunch
10 months ago

Exclusive: AI storage platform Vast Data aimed for $25B valuation in new round, sources say

Vast Data aims to raise its valuation to $25 billion, reflecting rapid growth largely driven by AI influence.
Silicon Valley
fromTechCrunch
10 months ago

Exclusive: AI storage platform Vast Data aimed for $25B valuation in new round, sources say

Vast Data aims to raise its valuation to $25 billion, reflecting rapid growth largely driven by AI influence.
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