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

- Data storage platform Vast Data has raised $118 million in a Series E funding round led by Fidelity Ventures.

- The New York-based startup offers a scale-out, unstructured data storage solution that eliminates tiered storage.

-Vast's platform unifies storage, database, and compute engine services to power AI and GPU-accelerated workloads across datacenters and clouds.

- The funding will be used to expand the company's business reach, with a focus on Asia Pacific, the Middle East, and Europe.

Source: https://techcrunch.com/2023/12/06/vast-data-lands-118m-to-grow-its-data-storage-platform-for-ai-workloads/

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