What is Salt?
Salt Security is a cybersecurity firm established in 2018, headquartered in Palo Alto, California. The company specializes in providing an AI-powered API protection platform designed to safeguard against a wide array of API-related threats. By leveraging advanced artificial intelligence, Salt offers comprehensive security solutions that identify and mitigate vulnerabilities, ensuring the integrity and security of an organization's API ecosystem. The company's focus on API security positions it as a critical provider in the evolving landscape of digital security.
How much funding has Salt raised?
Salt has raised a total of $270M across 5 funding rounds:
Unspecified
$10M
Series A
$20M
Series B
$30M
Series C
$70M
Series D
$140M
Unspecified (2019): $10M with participation from Kevin Mahaffey, Marius Nacht, and S Capital
Series A (2020): $20M led by Tenaya Capital, Aya Peterburg, Marius Nacht, René Bonvanie, and Haim Sadger
Series B (2020): $30M supported by S Capital VC, Y Combinator, Sequoia Capital Operations LLC, and Tenaya Capital Inc
Series C (2021): $70M featuring DFJ Growth, Sequoia Capital, Alkeon Capital Management, Tenaya Capital, and Advent International
Series D (2022): $140M backed by DFJ Growth, CapitalG, Sequoia Capital, Alkeon Capital Management, S Capital, Tenaya Capital, Advent International, and Y Combinator
Key Investors in Salt
Tenaya Capital
Tenaya Capital is a venture capital firm that provides early-growth stage capital to entrepreneurs building technology companies, aiming to partner with those dedicated to creating enduring businesses.
Sequoia Capital
Sequoia Capital is a global venture capital firm known for its long-term investment approach and active partnership with entrepreneurs to create market leaders across various stages of growth.
DFJ Growth
DFJ Growth is a late-stage global venture capital firm that invests in rapidly scaling technology companies poised for market leadership.
What's next for Salt?
With the infusion of major enterprise-level funding, Salt is poised for accelerated expansion and innovation. The company's strategic objective will likely involve enhancing its AI-driven platform, broadening its market reach, and further developing its capabilities in API security. This significant capital injection suggests a focus on scaling operations, investing in research and development, and potentially exploring new market segments or strategic partnerships to solidify its leadership position in the API protection space. The company's continued growth trajectory indicates a strong market demand for robust API security solutions.
See full Salt company page
