Cloud and AI cybersecurity startup Upwind Security says it has raised $400 million in new funding, valuing the company at $3.8 billion. The news comes after earlier reporting that suggested a smaller round and that the final amount increased by the time the financing closed.
The outlets also situate the fundraising within Upwind’s growth. Quartz notes the company’s valuation more than doubles from an earlier $1.5 billion figure reported in January, while Bloomberg describes Upwind as a San Francisco-based provider of cybersecurity for AI and cloud applications. SiliconANGLE adds that revenue is quadrupling, tying that operating growth to the funding and valuation.
While coverage agrees on the headline numbers—$400 million raised and a $3.8 billion valuation—each outlet emphasizes different context, such as revenue growth timing, prior valuations, or basic company description and location.