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AI & Enterprise

Datadog seeks to acquire Israel cloud security startup Upwind

Datadog is pursuing an acquisition of Israeli cloud security startup Upwind Security, The Information reported on Oct. 22 local time. Datadog recently offered nearly $4 billion as acquisition terms, the report said. Upwind has received acquisition approaches from several companies in recent months but has not accepted any, it added. Upwind is raising $300 million at about a $3.8 billion valuation, and its annual recurring revenue grew to more than $50 million from about $20 million by end-2025.

Crypto

Brazil\'s crypto market more than quadruples in five years as banks expand products

Brazilian banks are rapidly expanding digital-asset products for customers as the country’s cryptocurrency regulatory framework becomes more defined. Brazil’s 2025 crypto trading value hit a record 505.5 billion reais, up about 433 percent from 2020, Decrypt reported. Major financial groups offer more tokens through investment apps, but banks have not moved to holding cryptocurrencies with their own capital. Central bank filings showed proprietary holdings at zero.

Crypto

Augustus raises $180 million led by Tiger Global, CEO says

Venture capital firm Tiger Global led a $180 million Series B funding round for banking startup Augustus, with Hummingbird, QED and founders of Nubank, Ramp, Circle and Deel also taking part. The company was valued at $1 billion. Augustus plans to use the funds to expand services for fintech firms and banks in Latin America, Southeast Asia, the Middle East and Africa. CEO Ferdinand Davitz said the company aims to improve access to dollars abroad.