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Salt Security Raises $140 Million Series D Round Led By Capitalg At $1.4 Billion Valuation

Salt Security Raises $140 Million Series D Round Led By Capitalg At $1.4 Billion Valuation

02/10/22, 8:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgpalo alto
Money raised
$140 million
Round Type
series d
Salt Security, the leading API security company, today announced that it raised $140 million in Series D funding, led by CapitalG, Alphabet's independent growth fund, with participation from all existing investors. The latest investment brings the valuation of Salt Security to $1.4 billion, bolstering its leadership position in the API security market with the most funding, highest valuation, most customers, and deepest penetration among Fortune and Global 500 enterprises. Salt Security will use the additional capital to expand R&D investment, fuel sales and marketing, and more rapidly grow its international operations to address the growing number of cyber threats targeting APIs.

Company Info

Company
Salt Security
Location
palo alto, california, united states
Additional Info
Salt Security protects the APIs that form the core of every modern application. Its API Protection Platform is the industry's first patented solution to prevent the next generation of API attacks, using machine learning and AI to automatically and continuously identify and protect APIs. Deployed in minutes, the Salt Security platform learns the granular behavior of a company's APIs and requires no configuration or customization to pinpoint and block API attackers. Salt Security was founded in 2016 by alumni of the Israeli Defense Forces (IDF) and serial entrepreneur executives in the cybersecurity field and is based in Silicon Valley and Israel. For more information, please visit https://salt.security.

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