Vast Data, an artificial intelligence software and storage startup, today announced the closing of a $118 million Series E funding round led by Fidelity Ventures, New Enterprise Associates, BOND Capital, Drive Capital, Nvidia, Dell, Goldman Sachs, Tiger Global, Commonfund, Companies such as Norwest, 83 North, Greenfield and Next47 participated. Following this round, Vast raised a total of $381 million, bringing its valuation to $9.1 billion. "The surge in interest in AI and the need for a modern infrastructure capable of supporting these workloads has helped Vast grow and enable the company to continue to grow and be adopted by enterprises," said Renen Hallak, co-founder and CEO of Vast. Hallak co-founded Vast in 2016 with Jeff Denworth, Shachar Fienblit (who has held leadership positions at Kaminario and IBM), and Alon Horev (who has held leadership positions at Cisco and IBM), a platform that leverages commodity hardware to provide fast access to larger data sets for AI workloads.