Vast Data lands $118M to grow its data storage platform for AI workloads

Vast Data, to make an obvious pun, is raising vast sums of cash.
The New York-based startup, which provides a scale-out, unstructured data storage solution designed to eliminate tiered storage (i.e. setups that move data between high- and low-cost storage hardware), today announced that it secured $118 million in a Series E round led by Fidelity Ventures with participation from New Enterprise Associates, BOND Capital, Drive Capital, Nvidia, Dell, Goldman Sachs, Tiger Global, Commonfund, Norwest, 83North, Greenfield and Next47.
The round values Vast at $9.1 billion post-money, and brings the startup’s total raised to $381 million.
“The explosion of interest in …