Subscribe to the Salt blog to learn about the latest developments in API Security

Blog Post


Here We Go Again — Series C, Another Preemptive Round!

Michael Nicosia
May 26, 2021

Back in December, Sequoia Capital led our $30 million Series B funding, and Carl Eschenbach joined our board. We were only six months past landing our Series A funding and hadn’t been intending to raise. Now here we are, a mere six months on again, announcing our $70 million Series C funding, with yet another set of investors ready to extend our leadership and market velocity once more.

We’re so excited to have Advent International, Alkeon Capital, and DFJ Growth leading this round, as we set our sights on international expansion, R&D acceleration, and rapid growth that our sales and marketing teams must meet to keep up with increased demand.

The API security market is exploding, helped in no small part by the nearly weekly headlines about leaky APIs, data breaches, account takeover, and other API exploits. We’re seeing inbound prospect inquiries ratchet up dramatically, evidence that organizations understand that API attacks are different from application attacks and that additional protections, beyond what WAFs and API gateways can provide, are critical to protecting the vital data and services that APIs enable.

Learn why apps are built on APIs, the security risk APIs present, and best practices for securing APIs.

The greatest gift this kind of preemptive funding buys you is focus — when you don’t have to spend time and energy fundraising, you can pour all that effort into delighting your customers. And since we've now raised $131 million — $120 million of it in just the past year — we get to stay ruthlessly focused on enhancing our platform, increasing our supported integrations, and continually improving the ML and AI algorithms that protect our customers’ innovation.

This latest round catapults us so far ahead of the pack — in funding of course, but it’s also a hallmark of our leadership in so many other dimensions, including:

  • technical innovation
  • time in market
  • ease of deployment
  • number of Fortune 500 customers
  • platform performance and scalability
  • ecosystem support

We’re humbled by the confidence this latest set of investors has shown us, in this very tangible vote, and we look forward to delivering on the incredible potential they already see us exhibiting. Buckle up, everyone — we’re about to enter hyperdrive!

If you’re interested in seeing the Salt Security API Protection Platform in action, contact us for a customized demo today!


Salt Security Blog

Sign up for the Salt Newsletter for the latest resources and blog posts.

July 16, 2024

Eric Schwake
Head of Product Marketing


The Biggest Factors Influencing API Security Today

Several key factors are driving the current state of API security, including the rise of AI, the ongoing digital transformation, a booming app economy, and the challenges posed by shadow IT and regulatory compliance.

Read more

July 9, 2024

Eric Schwake
Head of Product Marketing


Salt Security Empowers API Governance with New Posture Policies Hub

Salt Security's Posture Policies Hub is a powerful new tool designed to help organizations simplify and streamline API posture governance.

Read more

June 21, 2024

Amanda Fitzsimmons
Head of Legal


Don't Get Salted: Why API Inventory is Key to PCI DSS 4.0 Compliance (and How Salt Security Can Help You Achieve It)

A secure API ecosystem starts with a clear understanding of what APIs you have and how they interact with your data.

Read more

Download this guide for advice on evaluating key capabilities in API Security

Get the guide