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HomeFinTechSalt Security: Raises $140M in Series D Funding; at $1.4 Billion Valuation

Salt Security: Raises $140M in Series D Funding; at $1.4 Billion Valuation

Salt Security Raises $140M in Series D Funding; at $1.4 Billion Valuation

  • Salt Security, a Palo Alto, CA and Tel Aviv, Israel-based API security company, raised $140m in Series D funding
  • The round, which brings total funding to $271 million and the valuation to $1.4 billion, was led by CapitalG, with participation from all existing investors
  • The company will use the additional capital to expand R&D investment, fuel sales and marketing, and grow its international operations to address the growing number of cyber threats targeting APIs
  • SaltSecurity protects the APIs that form the core of every modern application
  • Its API Protection Platform is a patented solution preventing API attacks, using machine learning and AI to automatically and continuously identify and protect APIs
  • Deployed in minutes, the platform learns the granular behavior of a company’s APIs and requires no configuration or customization to pinpoint and block API attackers
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