AI cloud security company Upwind has raised $400 million in funding, valuing the company at $3.8 billion.

AI cloud security company Upwind has raised $400 million in funding, led by Bessemer Venture Partners, with participation from existing investors including Greylock Partners and Craft Ventures, valuing the company at $3.8 billion. Upwind provides security for enterprise cloud infrastructure, detecting malware and suspicious activity, and expanded its platform this year to address AI-related security risks. The new funding will be used for engineering research and development, as well as building its sales and marketing teams. (Source: Bloomberg)