0
Startups & Venture·September 3, 2026·1 min read

Upwind, which filters false security alerts in cloud apps so companies can focus on actual risks, raised $300M at a $3.8B valuation, up from $1.5B in January

Share

A $300M round at a $3.8B valuation for alert-filtering shows how much pain CISOs feel from noisy cloud security stacks. If you’re selling security or observability, assume buyers will demand “noise tax” reductions — you either reduce false positives or you get displaced by tools that do.

Startups & Venture

PitchBook: 95+ investors put money into both Anthropic and OpenAI amid shifting norms; sources: Menlo, Lightspeed, and Iconiq each hold 1%-2% Anthropic stakes

Nearly 100 investors backing both Anthropic and OpenAI shows that in frontier AI, capital is indexing the category, not picking a single champion. If you’re an enterprise buyer, don’t expect your VC cap table to give you a clean signal on which lab to standardize on — build for multi-model optionality instead.