Upwind raises $400M after walking away from Datadog acquisition offer (opens techcrunch.com)
Cloud security startup Upwind raised a Series C at a $3.8B valuation instead of selling itself to Datadog for the same price.
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Cloud security startup Upwind raised a Series C at a $3.8B valuation instead of selling itself to Datadog for the same price.
South Korea's National Growth Fund contributed $280M of the round.
The British startup uses AI agents to check circuit board schematics and will extend the platform across more of the hardware design process.
Neoclouds are supposed to be under pressure, with the likes of Gartner Inc. and Elon Musk both predicting a bloodbath in the nascent cloud infrastructure segment in the not-too-distant future, but apparently nobody told General Compute Inc.
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