Upwind Expands Funding to $400 Million at $3.8 Billion Valuation

The total includes the full value of Upwind’s expanded $400 million financing, which the cloud-security company officially announced in October.

Upwind’s expanded financing reflects the rapid growth of a cloud-security company whose valuation has more than doubled since January.

The company is expanding into securities lending through its acquisition of eSecLending, adding to its existing financial-technology business.