What is Salt?
Salt is a cybersecurity firm established in 2018, headquartered in Palo Alto, California. The company specializes in providing an advanced AI-powered API protection platform designed to safeguard sensitive data and applications. By leveraging artificial intelligence, Salt aims to detect and prevent sophisticated cyber threats targeting APIs, a critical component of modern digital infrastructure. The company's focus on API security addresses a growing concern for enterprises navigating complex cloud environments and digital transformation initiatives.
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 S Capital, Marius Nacht, and Kevin Mahaffey
Series A (2020): $20M led by Aya Peterburg, Marius Nacht, René Bonvanie, Haim Sadger, and Tenaya Capital
Series B (2020): $30M supported by Y Combinator, Sequoia Capital Operations LLC, Tenaya Capital Inc, and S Capital VC
Series C (2021): $70M featuring Tenaya Capital, Alkeon Capital Management, DFJ Growth, Sequoia Capital, and Advent
Series D (2022): $140M backed by DFJ Growth, Advent, CapitalG Management, Sequoia Capital, Y Combinator, S Capital, Alkeon Capital Management, and Tenaya Capital
Key Investors in Salt
Sequoia Capital
Sequoia Capital is a globally recognized venture capital firm with a strong track record of partnering with entrepreneurs to create market leaders. They invest across venture, growth, and late-stage opportunities, providing active, value-added support to their portfolio companies.
Tenaya Capital
Tenaya Capital focuses on providing early-growth stage capital to exceptional entrepreneurs building technology companies. They aim to partner with founders creating enduring businesses and leverage their extensive experience to support growth in the technology sector.
Y Combinator
Y Combinator is a renowned startup accelerator that provides seed funding and mentorship to early-stage companies. Based in Mountain View, California, they have a history of supporting innovative businesses from their inception.
What's next for Salt?
With a history of major enterprise-level funding, Salt is strategically positioned for accelerated growth and market leadership. The consistent capital injections, particularly the recent undisclosed amount, suggest strong investor confidence in the company's technology and business model. This financial backing will likely fuel further research and development into its AI capabilities, expansion into new geographic markets, and strengthening of its sales and marketing efforts. Salt's trajectory indicates a move towards solidifying its position as a leader in the API security domain, potentially preparing for future strategic milestones.
See full Salt company page
