Datadog Offered Nearly $4 Billion for Security Startup Upwind

Datadog recently offered to acquire cloud cybersecurity startup Upwind Security for nearly $4 billion, according to a person with direct knowledge of the talks. Upwind hasn't accepted and is finalizing a $300 million round at a roughly $3.8 billion valuation, leaving little premium. The startup monitors cloud applications, including AI agents, and automatically responds to signs of breaches.

• Datadog offered nearly $4 billion for Upwind Security
• Upwind is raising $300 million at a ~$3.8 billion valuation
• The offer was not accepted and carries little premium
• Upwind monitors cloud apps and AI agents and responds to breaches