VAST Data raises $83m at $3.7b valuation
The universal data storage solutions company has tripled its value since raising $100 million in April 2020.
Israeli-US universal data storage solutions company VAST Data has announced the completion of a $83 million Series D financing round at a company valuation of $3.7 billion. The company haxmore than tripled its valuation since raising $100 million in April 2020 at a company valuation of $1.2 billion. This latest financing round was led by Tiger Global with strong participation from Nvidia and other existing investors.
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The company said, The valuation comes as VAST recently reported record-breaking results and rapid customer growth throughout its first two years of operation. VAST ended its second year at nearly $100 million of annualized software run rate, having quadrupled its software business year over year, while also achieving cash flow positivity. These results will be catalyzed in 2021 and beyond by VAST’s
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Vast kicks off A/NZ partner drive as Veritas’ Howard Fyffe takes the reins
New role comes after three years heading up Veritas in A/NZ
Howard Fyffe (Vast Data) Credit: Veritas
Data storage solutions vendor Vast Data is set to kick off a partner recruitment drive in the local market as former Veritas Australia and New Zealand managing director Howard Fyffe takes the reins as the company’s new A/NZ lead.
Headquartered in New York City, Vast offers a Universal Storage solution that combines exabyte levels of scalability with multi-tenant quality of service tools in order to, in the company’s own words, “make it possible to consolidate all data and all applications onto one scale-out tier of flash”.
VAST Data Readies for Next Stage of Growth, Strengthens Executive Team with New Leaders in Finance, Sales & Customer Success Helen Protopapas, Tom Whaley and Rick Franke to further round out customer-focused global expansion
February 02, 2021 14:32 ET | Source: VAST Data VAST Data
NEW YORK, Feb. 02, 2021 (GLOBE NEWSWIRE)
VAST Data, the storage company breaking decades-old tradeoffs, today announced the appointment of three industry leaders to its executive team. VAST is hiring Helen Protopapas as Vice President of Finance, Tom Whaley as Vice President of Sales, and Rick Franke as Vice President of Global Customer Success, Services and Support. The additions come amid accelerated global expansion and customer adoption as the company continues its period of hypergrowth.
January 28, 2021
January 28, 2021 | New products for high-content imaging, virus reagents and enrichment, software for small molecule design, and pharmacokinetic simulation. Plus: acquisitions in drug discovery services and partnerships for data analysis, single cell analysis, machine learning, and more.
Certara has released
version 20 of its Simcyp Physiologically-based Pharmacokinetic (PBPK) Simulator platform. Simcyp PBPK Simulator version 20 offers new and enhanced models for maternal health, such as assessing drug performance during pregnancy and lactation. It also automates the assessment of virtual bioequivalence to attain biowaivers and analyzes drugs delivered via long-acting injectable delivery. Additional upgrades have been made to the Simcyp PBPK Simulator’s animal, liver, absorption, and skin models. Press release.
NEW YORK, Jan. 12, 2021 VAST Data, a storage company breaking decades-old tradeoffs, today announced that a major U.S. Federal Agency has committed over