Cloud Security Firm Upwind Raises $300M, Hits $3.8B Valuation


Cloud Security Firm Upwind Raises $300M, Hits $3.8B Valuation

📅 - Upwind Security has raised $300 million at a $3.8 billion valuation, more than doubling its price in eight months as investors race to back independent cloud security vendors after a wave of consolidation. The San Francisco company has now raised more than $680 million, while annual recurring revenue is expected to reach $50 million to $60 million.

Upwind Security is a runtime-focused cloud security company. Its platform monitors cloud infrastructure continuously and is designed to help security teams identify which vulnerabilities and threats deserve attention while applications are actually running. That puts it in a part of cybersecurity increasingly shaped by sprawling multi-cloud [...][... Check source for end of article ...]
Tags: Cybersecurity

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