Salt Security protects APIs with an API Protection Platform that uses machine learning and AI to automatically and continuously identify and protect APIs. The company describes its patented solution as able to correlate activities across millions of APIs and users over time to provide real-time analysis and prevent next-generation API attacks. The platform is deployed in minutes, requires no configuration or customization, and learns the granular behavior of a company's APIs to pinpoint and block attackers. Salt announced a strategic investment from CrowdStrike’s Falcon Fund and a partnership to combine API discovery and runtime protection and enable security testing to harden APIs before release. The company will showcase its platform at Fal.Con 2022. No financial terms or operating metrics were disclosed in the announcement. Salt Security provides an API Protection Platform that uses machine learning and AI to automatically and continuously identify and protect APIs, learning granular API behavior and requiring no configuration. The patented solution is deployed in minutes and is designed to pinpoint and block API attackers. The company will use the new capital to expand R&D investment, fuel sales and marketing, and grow international operations to address rising API-targeted cyber threats. Salt was founded in 2016 by alumni of the Israeli Defense Forces and cybersecurity serial entrepreneurs and is led by CEO Roey Eliyahu. It is based in Palo Alto, CA and Tel Aviv, Israel and has raised $271 million to date. Salt Security provides an API Protection Platform that uses machine learning and AI to automatically and continuously identify and protect APIs, learning granular API behavior and requiring no configuration or customization. The platform is patented and is designed to be deployed in minutes to pinpoint and block API attackers. Led by CEO and co-founder Roey Eliyahu, the company focuses on protecting the APIs that form the core of modern applications. Salt plans to use new funding to expand global operations across R&D, sales and marketing, and customer success. Financially, the company has raised $131 million to date, including $120 million in the past year, and has seen rapid growth across key metrics. Salt Security builds an API Protection Platform that uses machine learning and AI to automatically discover APIs, prevent real-time attacks, and facilitate remediation. The platform is patented and supports every stage of the API lifecycle, deploys in minutes, learns granular API behavior, and requires no configuration. The company plans to use the new funding to accelerate product development, sales and marketing, and customer acquisition in 2021. Salt reports growing its customer base 200% and has recently added senior hires including a chief product officer and a VP of marketing. Financially, Salt raised a $30 million Series B and has raised $60 million in equity to date. The company was founded by Israeli Defense Forces alumni and cybersecurity executives and targets enterprise API security. Salt Security offers an API security service delivered as a SaaS application that helps customers defend against API attacks and find API-related vulnerabilities. The platform can also integrate via API with other solutions in a customer’s environment. The company reported it nearly doubled revenue in the first half of 2020 compared with the end of 2019 and said gross margins have improved to over 90%. Salt cited sharp demand from larger companies while also working with smaller firms as API usage grows. The firm said it plans to double in size by the end of the year and emphasized that diversity and inclusion are core to its culture after TechCrunch noted an all-male leadership team.

Total raised

$270M

Funding rounds

6

Latest round

Series D

Latest activity

Feb 2022