Cloud security startup Upwind has completed a $400 million financing round, with its valuation reaching $3.8 billion.

Cloud security startup Upwind announced that it has raised 400 million U.S. dollars in a funding round led by Bessemer Venture Partners, pushing the company's valuation to 3.8 billion U.S. dollars. The funds raised in this round will be used for product expansion. Existing investors including Greylock Partners, Cyberstarts, Craft Ventures, Salesforce Ventures, Alta Park and TCV participated in this financing round, while Canapi Ventures joined as a new investor. The company was valued at approximately 900 million U.S. dollars in a 100-million-U.S.-dollar financing round in December 2024, and the $250 million Series B financing completed nine months earlier did not disclose the valuation. Since its establishment in 2022, the total cumulative financing amount of the company has exceeded 800 million U.S. dollars. (Sina Finance)