✉news BusinessStartups first seen 2 d ago, last 2 d ago, peak #33
Upwind raises $400M after rejecting Datadog acquisition offer
Original: Upwind raises $400M after walking away from Datadog acquisition offer
Cloud security startup Upwind has raised $400 million in funding after deciding against selling itself to Datadog, according to TechCrunch. Walking away from a major acquisition to instead secure large-scale venture backing is being read as a strong vote of confidence in the company's standalone prospects and in continued investor appetite for cybersecurity startups.
Why now: Turning down an acquisition by a major public tech company to raise $400 million is a striking signal of the startup's ambitions and the strength of current funding markets.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/4056169