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Cloud Security Startup Upwind Raises $400M at $3.8B Valuation

Upwind, a cloud security startup, has raised $400 million in Series C funding at a valuation of $3.8 billion.

The round came after Upwind walked away from a potential acquisition by Datadog, which reportedly offered a comparable valuation. By raising capital instead, the company has chosen to continue operating as an independent business.

Sources