Palo Alto, Calif. — September 16, 2020 —Salt Security, provider of the leading API Protection Platform for securing APIs at the core of SaaS, web, mobile, microservices, and IoT applications, was named a SINET 16 Innovator Winner for 2020. This highly sought after, industry renowned award recognizes sixteen early-stage cybersecurity companies with innovative solutions addressing urgent marketplace needs. Salt Security was selected from a total of 123 wide-ranging solutions providers from over a dozen countries by the SINET Showcase Judging Committee.
In today’s digital economy, APIs are the direct gateway to organizations’ most critical data and assets for attackers. Therefore, APIs are increasingly getting attacked and projected by Gartner to be the top attack vector for enterprises in the next two years. Inclusion in this winning cohort of emerging cybersecurity companies validates the pressing need in the API protection category for Salt Security’s solution to secure APIs and modern API-based applications. This fills a critical gap left by traditional solutions such as WAFs, API management and other application security solutions. Today’s API attacks slip by such inline solutions due to each API’s unique logic, while Salt Security’s technology provides protection from all the threats in the 2019 OWASP API Security Top 10 and more that can result in data exfiltration, account takeovers and service disruption among other impacts of a potential breach.
“The Salt Security team is ecstatic to be named a winner in the prestigious SINET 16 Innovator Awards,” said Roey Eliyahu, Co-Founder and CEO of Salt Security. “It’s an honor to be recognized by a committee of highly accomplished judges and amongst such strong up-and-coming solutions providers. We’ve had an incredible year of growth and are looking forward to expanding the implementation of our API Protection Platform to even more top enterprises around the world.”
“The SINET 16 Innovator Awards judging process is intensive, with two-stages, and during both rounds Salt Security’s technology and messaging resonated with our industry expert judges,” said Robert Rodriguez, Chairman and Founder of SINET. “We look forward to witnessing Salt Security’s demonstration of its API Protection Platform next month during our live event.”
This award contributes to Salt Security’s momentum, having recently been named a Gartner Cool Vendor in API Strategy. Additionally, the company announced the closing of a $20 million Series A round led by Tenaya Capital in June, with plans to expand R&D in addition to sales and marketing teams.
On Tuesday, October 20, during SINET Live, Salt Security will be presenting a demonstration of its technology. SINET event audiences include industry leaders, reporters, analysts and VCs who are looking to learn more about and implement leading-edge solutions like Salt Security’s. For more information on the SINET16 award, please visit here.