Vast Data's $1 Billion Series F Round Values AI-Data Firm at $30 Billion

Context Israeli tech has seen few billion‑dollar rounds; Wiz’s 2024 $1 billion raise set the benchmark. Vast Data’s raise matches that size, showing continued investor confidence in AI‑focused infrastructure.

Key Facts Vast Data raised approximately $1 billion in a Series F led by Drive Capital with Access Industries as co‑lead, joined by Fidelity, NEA and Nvidia. The round values the company at about $30 billion. More than $500 million of the proceeds will go to early investors and employees selling shares, marking a major secondary transaction. The valuation now places Vast as Israel’s most valuable private tech firm, nearing the $32 billion price Wiz achieved in its sale to Google.

What It Means The deal signals that investors see AI data platforms as a critical growth area, comparable to the cybersecurity focus that drove Wiz’s record round. It also provides substantial liquidity for stakeholders, which could encourage further employee retention and secondary market activity in Israel. Watch for how Vast deploys the primary capital toward product development and expansion, and whether other Israeli startups attempt to breach the $1 billion funding threshold in the coming months.