Salto Secures $42 Million Series B To Unlock Value Across Saas Applications And Bring Agility To Business Operations

Pioneering business operations (BizOps) startup Salto announced today that it has raised a $42 million Series B led by Accel, with significant participation from existing investor Salesforce Ventures, and continued participation from Bessemer Venture Partners and Lightspeed Venture Partners. That brings the total funding to $69 million to date, following its Series A in October, and underscores the demand for a new way to improve the productivity of SaaS administrators. At the same time, enterprises are calling for a more unified way to configure, analyze, and ensure compliance for their standalone SaaS (software as a service) applications.