Israeli Cybersecurity Firm Upwind Nears $100M Funding at $900M Valuation

Israeli cloud cybersecurity startup Upwind is reportedly closing a $100 million Series B funding round, valuing the company at $850-$900 million. The round includes investors like Craft Ventures, Greylock, and Steph Curry's Penny Jar. Upwind, which focuses on reducing cloud security alerts, has grown significantly, securing Fortune 500 clients and expanding its workforce. Founded by Amiram Shachar, the company plans to use the funds for R&D and hiring, aiming to add 100 new employees across various locations.