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Israeli Cybersecurity Startup Upwind Secures $50M to Redefine Cloud Security

FinTechIsraeli Cybersecurity Startup Upwind Secures $50M to Redefine Cloud Security

Israeli cybersecurity startup Upwind has secured $50 million in funding, including investment from Penny Jar Capital, backed by NBA champion Steph Curry. The funding round was led by Greylock Partners, Cyberstarts, and Leaders Fund. This brings Upwind’s total funding to $80 million since its founding last year.

Upwind plans to use these funds to advance its mission of redefining cloud security. The company’s CEO, Amiram Shachar, highlighted the importance of a runtime-centered security strategy and their aim to provide enterprises with real-time insights into cloud application protection.

Upwind’s platform offers real-time security for cloud infrastructure by utilizing runtime data to give enterprises comprehensive visibility into their cloud applications and infrastructure.

Meanwhile, in Israeli FinTech news, InsurTech Vesttoo is facing issues related to a LoC (Letter of Credit) fraud scandal, with Markel Bermuda Limited (MBL) becoming involved in the U.S. Chapter 11 bankruptcy proceedings of the company.

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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