Salt Security, the API security startup, recently announced that it has raised $20 million in a Series A funding led by Tenaya Capital.
With the rising trend of business transformation, remote working, and cloud adoption, APIs are increasingly becoming crucial for online business. With this funding, the company plans to expand its R&D center in Israel, hire new staff, and invest in the IP of its product.
Salt Security’s API Protection Platform uses big data and artificial intelligence to help protect the related expanding attack surface for different businesses. It also identifies and monitors all customers’ APIs in the platform