The flash storage system provider secured series C funding from investors including Siemens, Dell and Mellanox, valuing it at $1.2bn.
Industrial technology and appliance producer Siemens’ Next47 unit led a $100m series C round for flash storage technology provider Vast Data yesterday at a $1.2bn valuation.
The round included Dell Technologies Capital and Mellanox Capital, which invested on behalf of computing technology provider Dell and networking technology supplier Mellanox Technologies, as well as Goldman Sachs, 83North, Commonfund Capital, Greenfield Partners and Norwest Venture Partners.
Founded in 2016, Vast Data has created a scalable all-flash data storage system that is intended…
