importantSYS.SOURCE: TechCrunch• 2026-10-28T23:15:00Z
Upwind Secures $400M Series C Financing Amid Rejected Datadog Acquisition Offer
Upwind raised $400M at a $3.8B valuation, rejecting Datadog's acquisition offer. The company's AI-based cloud security solutions are driving rapid growth, with $90M ARR projected for 2026, valued at over 40x ARR.
The cloud security startup raised a Series C at a $3.8B valuation, instead of selling itself for the same price.
*** END OF TRANSMISSION ***