Upwind raises $400M after walking away from Datadog acquisition offer
Upwind, a cloud security startup, completed a Series C funding round of $400 million, valuing the company at $3.8 billion. The funding round came after the company rejected an acquisition offer from Datadog at an equivalent valuation, choosing to remain independent and continue as a venture-backed company instead.
Key points
- Series C funding of $400M at $3.8B valuation
- Declined Datadog acquisition offer at same $3.8B price
- Cloud security focus
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