Upwind Secures $100 Million in Capital to Expand Cloud Security
SAN FRANCISCO - Cloud security company Upwind has completed a $100 million Series A funding round to accelerate its global growth and innovation in the cloud security sector. The round was led by Craft Ventures, with participation from TCV, Alta Park Capital, and all of Upwind's existing investors.
Founded at the end of 2022, Upwind has shown rapid growth, raising a total of $180 million in funding. The company has been listed in the Fortune 2025 Cyber 60 and The Information's 2024 Most Promising 50 Startups lists. The new capital will be used to double the company's workforce to approximately 300 people and to expand operations at its offices in Israel, San Francisco, the UK, and Iceland.
The cloud security sector continues to grow and is expected to reach approximately $30 billion by 2024, with an annual growth rate of 20%. Upwind's comprehensive cloud security platform, referred to by Gartner as a Cloud-Native Application Protection Platform (CNAPP), provides a unique runtime context that helps organizations distinguish between significant risks and trivial ones. The platform combines multiple security functions such as Cloud Security Posture Management (CSPM), Cloud Workload Protection Platform (CWPP), and Cloud Detection and Response (CDR), reducing alert fatigue for businesses.
Upwind's founder and CEO, Amiram Shachar, highlighted the increasing complexity of cloud security and the need for solutions that enable organizations to operate quickly and securely. Upwind's platform aims to provide clear cloud topologies and visibility, allowing teams to focus on critical threats and fostering collaboration between security and DevOps teams.
Investors expressed confidence in Upwind's approach. Michael Robinson from Craft Ventures emphasized the company's next-generation cloud security platform and the market's adoption of it. Morgan Gerlak from TCV pointed to the significant growth potential of the cloud security market over the next decade. Carson Fullard from Alta Park Capital acknowledged the importance of runtime detection and response in cloud security, appreciating that Upwind meets this need with a superior platform.
This investment reflects increasing confidence among enterprise customers in Upwind's ability to address real-time cloud security challenges.