Upwind Security raises $400 million Series C at $3.8 billion valuation
Original title: Upwind Security Raises $400 Million at $3.8 Billion Valuation
The round comes nine months after a $250 million raise and follows disputed reports that Datadog offered nearly $4 billion to acquire the startup.
Upwind Security announced a $400 million Series C at a $3.8 billion valuation, bringing total funding above $800 million. The San Francisco firm, founded in 2022 by Amiram Shachar, sells a runtime-native cloud security platform used by customers including Siemens, Roku and Nubank. The round was led by Bessemer Venture Partners. The raise follows reports of acquisition interest from Datadog, which Israeli outlet CTech disputed.
Unconfirmed: The Information's report of a near-$4 billion Datadog acquisition offer was disputed by CTech; neither company is confirmed to have commented.
- Bessemer Venture Partners led the round; Canapi Ventures and TCV participated.
- Upwind has now raised over $800 million in total.
- The Information reported Datadog offered nearly $4 billion; CTech disputed the claim.
- Founder Amiram Shachar previously sold Spot.io to NetApp for $450 million.
- Vendors
- Upwind Security
- Organizations
- Bessemer Venture PartnersDatadog
- Countries
- United States
From the original article
1 min read at securityweek.com
The massive funding round comes just days after reports emerged that Upwind had attracted acquisition interest from several companies, including Datadog The post Upwind Security Raises $400 Million at $3. 8 Billion Valuation appeared first on SecurityWeek.
By Mike Lennon · securityweek.com
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