Salt Security: Raises $70M in Series C Funding

Salt Security Raises $70M in Series C Funding

• Salt Security, a Palo Alto, Calif.-based API security company, secured $70m in Series C funding
• The round was led by Advent International, through Advent Tech, with participation from Alkeon Capital and DFJ Growth
• The company intends to use the funds to expand its global operations across R&D, sales and marketing, and customer success
• Led by Roey Eliyahu, CEO and co-founder, The platform protects the APIs that form the core of every modern application
• To date, the company has raised $131 million, $120 million of it in the last year
• In the past 12 months, Salt has driven 400% growth in revenue, 160% growth in employees, and 380% growth in the API traffic it secures