VAST Data has launched its regional headquarters in Singapore, marking its entry into the Asia Pacific and Japan (APJ) region. This expansion follows a significant US$118 million Series E funding round, propelling its valuation to US$9.1 billion. Founded in 2016 and officially launched in 2019, the company’s unique architecture unifies unstructured and structured data into a single system, revolutionizing data storage and processing.
Renen Hallak, co-founder, and CEO of VAST Data, underscores the importance of data in today’s digital landscape. “Data is the backbone of the digital economy, yet much of it remains untapped. With the VAST Data Platform, organizations can make real-time, data-driven decisions.”
Singapore is an ideal base for the company’s APJ (Asia Pacific and Japan) operations, boasting a robust data centre ecosystem and strategic location. Sunil Chavan, Vice-President of VAST Data for Asia Pacific and Japan, highlights Singapore’s pivotal role in the company’s expansion. “Singapore’s pro-business environment and tech hub status make it the perfect launchpad for our regional operations.”
Partnering with local cloud providers, the company aims to revolutionize industries across the region. Agoda, the digital travel platform, has become the company’s first client embracing VAST Data’s innovative solutions to drive business growth.