JERUSALEM (Reuters) – U.S.-Israeli cloud security provider Upwind said on Monday it raised $100 million in a private funding round led by David Sacks’ Craft Ventures and bringing total funding to $180 million.
The funds, it said, would go toward its global expansion.
Upwind did not disclose its valuation but a source close to the deal said the company, founded in 2022, was now valued at about $900 million, triple that of a year ago.
(Reporting by Steven Scheer, Editing by Louise Heavens)