Upwind Security Raises $400 Million at $3.8 Billion Valuation
Summary
Upwind Security announced a $400 million Series C at a $3.8 billion valuation. The company says its runtime-native cloud security platform helps teams identify exposures, remediate risks and detect attacks.
Key points
- Upwind Security announced a $400 million Series C funding round at a $3.8 billion valuation.
- The round was led by Bessemer Venture Partners, with Canapi Ventures and existing investors participating.
- Upwind describes its platform as providing runtime visibility into networks, APIs and data flows.
- The company says the platform helps teams identify exposures, proactively remediate risks and detect attacks in real time.
- The Information reported that Datadog offered nearly $4 billion to acquire Upwind; Israeli publication CTech questioned that report, citing information that Datadog had not made the alleged offer.
Article Details
- Event Type
- Series C funding announcement
- Impact
- Upwind Security raised $400 million at a $3.8 billion valuation, bringing its total funding to over $800 million. The Information reported that Datadog had offered nearly $4 billion to acquire the company, but CTech questioned that report, citing information that Datadog had not made the alleged offer.