Report
Datadog reportedly offered nearly $4 billion to buy Upwind Security
The Information says the offer would value the cloud security startup at roughly 80 times its annual recurring revenue.
TLDR
The Information reports that Datadog offered to buy Israeli cloud cybersecurity startup Upwind Security for nearly $4 billion, citing someone with direct knowledge of the talks. It says the offer would value Upwind at roughly 80 times annual recurring revenue. Techmeme, citing The Information, also said Upwind was finalizing a $300 million funding round at a roughly $3.8 billion valuation.
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