Upwind raises $400M after walking away from Datadog acquisition offer
Summary
Cloud security startup Upwind has completed a new funding round, securing a substantial valuation. The company chose this path instead of accepting a recent acquisition proposal from Datadog.
The cloud security startup raised a Series C at a $3.8B valuation, instead of selling itself for the same price.
Source: Read the full story at TechCrunch
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.