Salt Security secured $20 million in Series A Funding round from Tenaya Capital

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Salt Security

Salt Security, a California based API security company, has now secured $20 million in Series A funding round.

Salt Security is founded by the Roey Eliyahu in the year 2016. It offers an API Protection Platform preventing the next-gen of API attacks, with behavioral protection. To date, the company has secured a total of $30 million in equity funding.

The technology has been integrated into Armis, City National Bank, and TripActions, among others.

Executive Opinion

Roey Eliyahu, Co-Founder, and CEO of Salt Security said, "Salt Security prevents attacks that are impossible to detect with traditional security point-products. We are the only vendor in the space that can protect against all threats listed on the Open Web Application Security Project (OWASP) API Security Top 10 in addition to other increasing API-related security risks. Our expanding customer base is firmly focused on driving digital transformation, and our solution enables them to innovate and confidently secure the APIs driving critical technological advancements for their business."

Curtis Simpson, CISO at Armis, said, "APIs power the digital platforms that connect us to our customers and help fuel continued innovation and integrations. If compromised, attackers could gain access to customer accounts, valuable data, and the ability to disrupt our business. Salt Security provides us with reliable, real-time, agile security to stop these attacks and protect critical customer data."

Salt Security's Latest Funding

The Tenaya Capital led the latest funding round. Other participating investors include existing investors Aya Peterburg and Haim Sadger, Co-Founders of S Capital.

Post funding, Tom Banahan, the Managing Partner at Tenaya Capital, will join Salt Security Board of Director’s team.

Sale Security intends to leverage newly raised funds for further product development and address new use cases. The company also plans to expand its sales & marketing to address new demand, notes the announcement.

PC: Pablo, Unsplash

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Udit Agarwal Opinions expressed by techsutram contributors are their own. More details
Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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