Cloud security startup Upwind raises $400 million, valued at $3.8 billion
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FILE PHOTO: A photo illustration shows LAN network cables plugged into a computer server, in Berlin, Germany, October 22, 2026. REUTERS/Lisi Niesner/File Photo
Oct 28 (Reuters) - Cloud security startup Upwind on Wednesday said it raised $400 million in a funding round led by Bessemer Venture Partners, valuing it at $3.8 billion.
Here are some more details:
• The startup was valued at about $900 million in a December 2024 raise of $100 million; its $250 million Series B funding nine months ago came without a disclosed valuation
• The latest round, which will fund product expansion, brings the company's total funding to over $800 million since its founding in 2022
• Existing investors including Greylock Partners, Cyberstarts, Craft Ventures, Salesforce Ventures, Alta Park and TCV also participated, while Canapi Ventures joined as a new backer
(Reporting by Anhata Rooprai in Bengaluru; Editing by Vijay Kishore)
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