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

Feb 10, 2022•over 3 years ago

Amount Raised

$140 Million

Round Type

series d

Palo Alto

Description

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 Information

Company

Salt Security

Location

Palo Alto, California, United States

About

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.

Funding Insights

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