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Salt Security - About the company

Salt Security is a series D company based in Palo Alto (United States), founded in 2016 by Michael Nicosia and Roey Eliyahu. It operates as an AI based API security software. Salt Security has raised $281M in funding from investors like Sequoia Capital, Y Combinator and CrowdStrike, with a current valuation of $1.4B. The company has 119 active competitors, including 23 funded and 11 that have exited. Its top competitors include companies like F5 Networks, A10 Networks and Traceable Security.

Company Details

AI based API security software. It leverages AI that detects and prevents API attacks. It provides behavioural threat protection solution to secure, and manage the APIs in real time. The platform provides insights into the security posture of the APIs. It allows users to detect and fix the vulnerabilities in the API and share the remedies with team.
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Email ID
*****@salt.security
Phone Number
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Key Metrics
Founded Year
2016
Location
Palo Alto, United States
Stage
Series D
Total Funding
$281M in 9 rounds
Post Money Valuation
$1.4B as on Feb 10, 2022
Ranked
Employee Count
208 as on May 31, 2026
Investment & Acquisitions
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Salt Security's funding and investors

Salt Security has raised a total funding of $281M over 9 rounds. Its first funding round was on Mar 22, 2016. Its latest funding round was a Series D round on Sep 19, 2022 for an undisclosed amount. 1 investor participated in its latest round. Salt Security has 15 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Salt Security:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 19, 2022
Undisclosed
Series D
-
-
-
Jan 20, 2022
$140M
Series D
$1.4B
-
May 26, 2021
$70M
Series C
-
-
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Salt Security's founders and board of directors

Founder? Claim Profile
The founders of Salt Security are Michael Nicosia and Roey Eliyahu. Roey Eliyahu is the CEO of Salt Security.
Here are the details of Salt Security's key team members:

Salt Security's Board of Directors

Salt Security's board has 6 active members. Michael Nicosia, Roey Eliyahu, Haim Sadger, Carl Eschenbach, James Luo and Tom Banahan are independent board members.
Here is the list of Salt Security's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
7y 8m
Independent board member
-
Current
7y 8m
Independent board member
-
Current
7y 8m
Independent board member
-
Current
4y 11m
Independent board member
-
Current
4y 3m
Independent board member
-
Current
4y 11m

Salt Security's employee count trend

Salt Security has 208 employees as of May 26. Here is Salt Security's employee count trend over the years:
Employee count trend for Salt Security
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Salt Security's Competitors and alternates

Top competitors of Salt Security include F5 Networks, A10 Networks and Traceable Security. Here is the list of Top 10 competitors of Salt Security, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for F5 Networks
F5 Networks
1996, Seattle (United States), Public
Provider of application delivery and security solutions for various platforms
-
75/100
2nd
Provider of application delivery, security, and centralized management and analytics solutions
$118M
69/100
3rd
Logo for Traceable Security
Traceable Security
2018, San Francisco (United States), Series B
Cloud based API security solution
$110M
68/100
4th
Logo for Salt Security
Salt Security
2016, Palo Alto (United States), Series D
AI based API security software
$281M
67/100
5th
Logo for Cequence
Cequence
2014, Sunnyvale (United States), Series C
Cloud based platform offering API security solutions
$100M
64/100
6th
Logo for Mayhem
Mayhem
2012, Pittsburgh (United States), Acquired
Automated code and API security testing tool
$37.9M
61/100
7th
Logo for Indusface
Indusface
2012, Vadodara (India), Series A
Provider of AI-powered application security platform protecting web, mobile, and APIs
$5.05M
60/100
8th
Logo for StackOne
StackOne
2023, London (United Kingdom), Series A
Provider of integration infrastructure for connecting AI agents to applications
$24.4M
59/100
9th
Logo for Wallarm
Wallarm
2013, San Francisco (United States), Series C
API security platform delivering complete protection against attacks and abuse
$75.1M
58/100
10th
Logo for Corsha
Corsha
2017, Vienna (United States), Series A
Platform offering API security software
$32.9M
58/100
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Salt Security's Investments and acquisitions

Salt Security has a total of 1 investment in Shiru. Salt Security has not made any acquisitions as of now.

Reports related to Salt Security

Here is the latest report on Salt Security's sector:

News related to Salt Security

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Media has covered Salt Security for a total of 14 events in the last 1 year, 11 of them have been about company updates and 1 about people movement.
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