Salt Security

Valuation $1B

About Salt Security

Salt Security provides an API protection platform designed to prevent attacks by leveraging machine learning and AI.
Headquarters Salt Security, Palo Alto
Founded 2015-01-01
Industry Artificial Intelligence (AI), Cyber Security, Developer APIs, Machine Learning
Last Funding Type Series Unknown
Valuation 1
Total Funding $271.00 million dollars
IPO Status Private

Financial

Salt Security may be growing as the company's State of API Security Report has highlighted a significant issue in the industry, with 95% of respondents experiencing API security problems. This widespread concern suggests a growing awareness and potential demand for Salt Security's API protection services. The report's findings may lead to increased interest in the company's solutions, which are designed to address such prevalent security challenges. Furthermore, the focus on accelerated API usage aligns with Salt Security's offerings, potentially positioning the company to capitalize on the expanding market needs.

Salt Security has launched an AI-infused API Security Protection Platform to address the proliferation of generative AI application development. Additionally, the company released the Salt Labs State of API Security Report, revealing that 95% of respondents experienced API security issues due to accelerated API usage. Salt Security also discovered critical security flaws in Hotjar, which have since been remediated.
Funding Rounds 8
Number of Lead Investors 7
Total Funding Amount  $271.00 million dollars
Number of Investors 18

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Kevin Mahaffey
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