Israeli Cloud Security Startup Upwind Bags $100M Funding with Valuation Around $850M-$900M – Redoma Tech

Israeli Cloud Security Startup Upwind Bags $100M Funding with Valuation Around $850M-$900M

  • news
  • August 13, 2024

And leading the charge is Upwind a company that specializes in fortifying and evaluating cloud infrastructure.

Rumor has it that Upwind is on the brink of sealing a massive $100 million funding round né?. Hey there fearless cyber warriors! Today we’re diving into the latest buzz in the cybersecurity world. Word on the street is that this investment could catapult their valuation to a lofty range between $850 million and $900 million né?. By slashing the tsunami of alerts generated by threat detection tools by a whopping 90% Upwind empowers security teams to zero in on genuine threats and craft more effective responses. Venture capitalists are flocking to support businesses looking to beef up their defense mechanisms against cyber threats. Their sights are set on ramping up research and development initiatives, as well as onboarding approximately 100 new team members across their bases in Israel, San Francisco, and Iceland.

At the core of Upwind’s mission is its unique platform that focuses on shoring up vulnerabilities in cloud infrastructure né?. Their cutting-edge technology blankets an array of critical areas including cloud services workloads and applications – all intricately interconnected to furnish a robust all-encompassing cybersecurity solution.

So as we gear up to face the challenges of the ever-evolving cybersecurity landscape let’s keep our eyes peeled on groundbreaking innovators like Upwind leading the charge in safeguarding our digital frontiers.

Featured Image. Founded by the visionary Amiram Shachar, whose previous cloud spend management startup Spot.io was acquired for a cool $450 million, Upwind is riding the wave of cybersecurity startups emerging from Israel, armed with a wealth of military intelligence expertise.

With the influx of funds from this Series B round, Upwind is gearing up for a major growth spurt né?. The who’s who of investors lining up to back Upwind in this funding round include heavyweights like Craft Ventures, Greylock, Cyberstarts, Leaders Fund, Sheva Fund, and even the one and only Penny Jar – an investment fund spearheaded by basketball icon Stephen Curry.

Fresh off the success of attracting the interest of “dozens” of Fortune 500 companies, Upwind has been steadily expanding its ranks, now boasting a team of around 160 talented individuals

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