Upwind Secures $100 Million in Funding
Upwind Secures $100 Million in Funding

Upwind Secures $100 Million in Funding

News summary

Upwind, a cloud security startup, has successfully raised $100 million in Series A funding, bringing its total funding to $180 million since its founding in 2022. The funding round was led by Craft Ventures, with participation from TCV, Alta Park Capital, and existing investors like Greylock and Omri Casspi's Sheva Fund. This investment values Upwind at approximately $900 million, marking a significant increase from its previous funding round. The company plans to use the funds for global expansion, aiming to double its workforce to nearly 300 employees across its offices in Israel, San Francisco, the UK, and Iceland. Upwind specializes in providing a comprehensive cloud security platform that prioritizes critical risks and streamlines security functionalities, addressing the growing complexity of cloud security needs. The move comes as enterprises increasingly adopt cloud-first strategies, escalating the demand for robust cloud security solutions.

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