AI cloud security company Upwind has completed a $400 million financing round, led by Bessemer Venture Partners

According to Bloomberg, AI cloud security company Upwind announced the completion of a $400 million financing round, led by Bessemer Venture Partners, with participation from existing investors such as Greylock Partners and Craft Ventures, bringing its valuation to $3.8 billion.

Upwind primarily provides security protection for enterprise cloud infrastructure, capable of detecting malware and suspicious activities, and this year expanded its platform to address AI-related security risks. The new funds are intended for engineering research and development as well as building sales and marketing teams.