VAST Data, a NewYork based storage company has announced a series of business and corporate news. Adoption of a universal storage solution offered by VAST is continuing to grow and taking the market share rapidly. Moreover, the company has also stated that Tom Mendoza, former NetApp President, and Vice-Chairman joined VAST. Mendoza will be working as the company’s first independent board member. Mendoza will offer his services over the global expansion using his past experience in scaling business operations.
VAST experienced revenue growth of 490% in Q2 2020 despite the COVID-19 pandemic. Renen Hallak, Founder & CEO of VAST Data said “Coming off an industry record first year of sales in 2019 and more recently our $100M Series C funding at a $1.2B valuation, the adoption of Universal Storage continues to accelerate globally. In fact, we were above our very aggressive revenue target for both Q1 and Q2 of this year,”. “We are privileged to be led by an industry icon as we grow our business, and are very excited to have Mr. Mendoza join us in our mission to revolutionize the way organizations unlock value from their data.” statement by Hallak.
“VAST’s incredible growth and overall customer adoption in such a short period of time, especially during this crisis, is a testament to its vision,” said Mendoza. Read the full post here.