New York-based startup Vast Data announced the completion of a $118 million Series E funding round, led by Fidelity Ventures. The company is now valued at $9.1 billion, with a total funding amount reaching $381 million. Vast Data specializes in providing unstructured data storage solutions for artificial intelligence and machine learning workloads. The funding will support the company's business expansion, with a focus on the Asia-Pacific, Middle East, and European markets. The founding team stated that the company's annual recurring revenue has reached $200 million, growing at a rate of 3.3 times per year, with positive cash flow maintained. Notable clients of Vast Data include brands such as Pixar and Zoom.