Upwind raised $100M in a Series B round led by Craft Ventures, Greylock, and others to enhance R&D and expand its workforce.
Nov 09, 2024•9 months ago
Amount Raised
$100 Million
Round Type
series b
Investors
Penny JarOmri Casspi’s Sheva FundLeaders FundCyber StartsGreylockCraft Ventures
Description
Upwind, an Israeli cloud cybersecurity startup, is raising $100 million at a valuation between $850-$900 million. The funding, which is in its final stages, will support R&D and hiring to grow its staff significantly.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech