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✉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.

UpwindDatadog

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