Upwind Security Raises $400M at $3.8B Valuation — SkimNews

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- Upwind Security, a San Francisco-based startup, raised $400 million in a round led by Bessemer at a $3.8 billion valuation.
- Upwind Security rose from a $1.5 billion valuation in January to $3.8 billion, bringing total funding to $830 million.
Why it matters: For Bessemer, leading the round ties its investment to Upwind’s newly elevated $3.8 billion valuation, up $2.3 billion from January. For Upwind, $830 million in total funding materially expands the financial scale behind its San Francisco-based cybersecurity operation for AI and cloud applications.
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