Upwind funding has reached $400 million in a closed Series C round that values the cloud and AI security company at $3.8 billion. The company announced the financing on October 28, 2026.

Key Takeaways

  • Bessemer Venture Partners led the round, with participation from Canapi Ventures and existing investors.
  • Upwind said the capital will support product development and go-to-market expansion.

Upwind funding and valuation

The Series C valuation is higher than the $1.5 billion valuation Upwind received in its Series B round in January 2026. The company said its revenue has quadrupled in 2026, without disclosing a revenue figure or specifying the comparison period.

In its funding announcement, Upwind said the new capital brings its total funding to more than $800 million. CEO and co-founder Amiram Shachar said the investment will support product and engineering growth.

How Upwind plans to use the capital

Founded in 2022, Upwind provides security tools designed to help teams identify risks in live cloud environments. Its platform covers cloud workloads, application programming interfaces and AI agents.

The company supports Amazon Web Services, Microsoft Azure, Google Cloud Platform and Oracle Cloud Infrastructure. It said the financing will also support go-to-market expansion as it develops its cloud and AI security platform.

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