Israeli cybersecurity startup Upwind announced it has raised US$250 million in a series B funding round, valuing the company at US$1.5 billion.

The round was led by Bessemer Venture Partners and included investors such as Picture Capital, Craft Ventures, TCV, Alta Park Capital, Greylock, Cyberstarts, and others, bringing its total funding to US$430 million.

Upwind, founded in 2022, reported significant growth since its last funding round in late 2024, with the company saying it achieved about 900% revenue growth and a 200% increase in its customer base.

Its platform, a cloud security solution, is used by companies including Siemens, Peloton, Roku, and NuBank.

🔗 Source: Calcalist