VAST Data vs Hex Technologies
Side-by-side comparison of AI visibility scores, market position, and capabilities
Closed a $1 billion Series F at a $30 billion valuation in April 2026, backed by NVIDIA and Fidelity, after surpassing $500M in committed ARR with its AI Operating System platform.
About
VAST Data builds the AI Operating System — a unified platform combining all-flash storage (DataStore), an AI-native database (DataBase), and a globally distributed namespace (DataSpace) into a single infrastructure stack. The platform is purpose-built for organizations training, running, and managing AI models and agents at scale. In 2026, VAST launched AgentEngine, a production-grade deployment layer for multi-agent AI stacks with full auditability and MCP integration.
San Francisco CA collaborative data workspace; raised $52M+; combines SQL, Python, and AI in a notebook-style environment for data teams and stakeholders.
About
Hex Technologies is a data workspace and collaborative analytics platform founded in 2021 and headquartered in San Francisco, California. The company was founded by Barry McCardel and Caitlin Colgrove to build a modern analytics environment that feels natural to data scientists and analysts but produces outputs that business stakeholders can actually consume. Traditional Python notebooks like Jupyter are powerful for analysis but produce outputs that non-technical users cannot easily explore or interact with. Hex bridges this gap by enabling analysts to write SQL and Python in a notebook-style interface and publish the results as interactive data apps.\n\nHex raised $52 million in funding from investors including Andreessen Horowitz, Redpoint Ventures, and Bain Capital Ventures. Its platform provides a shared, cloud-hosted notebook environment where data teams collaborate on analyses in real time — multiple analysts can work in the same project simultaneously, similar to Google Docs for data work. Projects can be published as interactive data apps with filters, dropdowns, and visualizations that business users can explore without needing to understand the underlying code. This analytics-to-app publishing workflow makes Hex a practical replacement for both ad hoc analysis in notebooks and static dashboard tools.\n\nHex's AI capabilities include Magic, an AI coding assistant that helps analysts write SQL and Python, explain unfamiliar code, generate transformations from natural language descriptions, and debug errors. The platform connects to Snowflake, BigQuery, Redshift, Databricks, DuckDB, and major databases. Its versioning and scheduling capabilities bring production-grade reliability to analysis projects, and its workspace collaboration features make it well-suited for analytics engineering teams at data-driven companies.
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