Deals·October 22, 2026 at 1:27 PM EDT·2 sources
Datadog Offered to Buy Security Startup ‘Upwind’ For Nearly $4 Billion
DDOG +4.6%
DDOG · last 30 trading days-1.3% since the news
News
acquisition, log scale$4.0B
$100M$1B$10B$100B
What happened
- Datadog offered to buy cloud cybersecurity startup Upwind Security for nearly $4 billion, according to a person with direct knowledge.
- Upwind has not accepted the offer and is finalizing a $300 million funding round at a roughly $3.8 billion valuation.
- The reported offer would carry little premium over Upwind’s planned financing valuation.
Reported offer
nearly $4 billion
Planned funding round
$300 million
Planned valuation
roughly $3.8 billion
Why it matters
The reported approach highlights continued strategic and venture interest in cloud cybersecurity companies, while the limited premium could affect expectations for private-market exit valuations.
What to watch. Whether Upwind completes the $300 million funding round and whether it accepts Datadog’s offer.
Deal terms
acquisition
Datadog → Upwind Security
Value
$4.0B
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Timeline
- EarlierOct 19Stocks making the biggest moves premarket: Cleveland-Cliffs, Intel, Datadog, Amazon & more
- First reported by The InformationOct 22Datadog Offered to Buy Security Startup ‘Upwind’ For Nearly $4 Billion
- Techmeme reportsOct 22Sources: Datadog offered to buy Israeli cloud cybersecurity startup Upwind Security for ~$4B; Upwind is finalizing a $300M funding round at a ~$3.8B valuation (The Information)
Who is involved
acquiringDatadog Offered to Buy Security Startup ‘Upwind’ For Nearly $…Upwind SecuritytargetDatadogDDOG · buyer
CompanyThe deal
Sources (2)
Related
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