Salt Security Closes $20 Million Series A Funding Round Led by Tenaya Capital
06/16/20, 11:19 AM
Location
palo altoMoney raised
$20 million
Round Type
series a
Salt Security, the leading API security company, today announced that it has raised $20 million in Series A funding led by Tenaya Capital, which has provided early-growth stage capital to transformational venture-backed technology businesses such as Palo Alto Networks, Armis, Lyft, and Kayak. This infusion of capital will enable Salt Security to continue investing in product development and innovation, address new use cases, and expand sales and marketing to meet increasing demand. To date, the company has raised a total of $30 million in equity financing.
Company Info
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.