VAST Data, founded in 2016 and headquartered in New York City, specializes in data platform solutions optimized for artificial intelligence (AI) and deep learning workloads. The company’s platform unifies storage, database, and virtualized compute engine services into a scalable system, enabling organizations to accelerate time-to-insight for data-intensive applications.
VAST Data has attracted significant investment from a diverse group of investors. Notable backers include Fidelity Management & Research Company, New Enterprise Associates (NEA), BOND Capital, and Drive Capital. In December 2023, the company secured $118 million in Series E funding, nearly tripling its valuation to $9.1 billion.
What sets VAST Data apart is its transformative data computing platform designed to serve as the foundation for AI-assisted discovery. By eliminating traditional storage tiers and providing a unified infrastructure, VAST’s platform simplifies data pipelines and enhances performance for AI and deep learning tasks. This approach addresses challenges related to data accessibility and processing speed, enabling organizations to efficiently manage and analyze vast amounts of unstructured data.
In the artificial intelligence landscape, VAST Data operates within the category of AI infrastructure and data management. The company focuses on providing scalable and high-performance data platforms that support the demanding requirements of AI and machine learning workloads, facilitating faster and more efficient data processing and analysis.
For more information, please visit vastdata.com.
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