Report: Israeli Cyber Startup Upwind Rejects $4 Billion Acquisition Offer

Datadog reportedly offered to acquire the Israeli company, but Upwind chose to pursue a funding round instead.

American cloud monitoring and security firm Datadog offered to acquire Israeli cybersecurity startup Upwind for approximately $4 billion, Globes and CTech reported, citing a report by The Information.

According to the reports, the Israeli startup's management decided to turn down the acquisition bid, opting instead to proceed with an independent funding round.

Official responses from both companies, as well as further details regarding the startup's valuation in the planned fundraising round, have not yet been released.