[KongchangAI]
Company

Upwind

A cloud security startup that focuses on a unified CNAPP approach, offering CSPM and CWPP capabilities.

Timeline (last 90 days)

Oct 29

Cloud security startup Upwind completed a $400 million Series C round at a post-money valuation of $3.8 billion after rejecting Datadog's acquisition offer.

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Oct 29

Datadog's earlier acquisition offer for Upwind corresponded to a $3.8 billion valuation, the same as Upwind's post-money valuation in its new funding round.

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Oct 29

Upwind's Series C round did not disclose the list of investors or specific terms.

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Oct 29

In recent years, CSPM and CWPP capabilities have converged with the CNAPP (Cloud-Native Application Protection Platform) concept, with vendors tending to offer both configuration-side and runtime-side capabilities on the same platform, and Upwind focuses on this integrated approach.

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Oct 29

Remaining independent means Upwind can continue to maintain partnerships with multiple cloud vendors and observability platforms without being tied to a single ecosystem.

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