Salt Security’s US$140 Million Series D Funding

Sidley represented Salt Security on the deal.

Salt Security, an API vulnerability and protection platform, announced its US$140 million Series D financing, valuing the company at US$1.4 billion. The round was led by Alphabet’s CapitalG and also included Sequoia Capital, Tenaya Capital, S Capital VC, Advent International, Alkeon Capital, and DFJ Growth. 

Salt Security’s API Protection Platform is the industry’s first patented solution to prevent the next generation of API attacks, using machine learning and AI to automatically and continuously identify and protect APIs.

The Sidley team was led by Idan Netser (Picture), Alina Azizian, and Peiyu Yu (Emerging Companies and Venture Capital).

 

Involved fees earner: Alina Azizian – Sidley Austin LLP; Idan Netser – Sidley Austin LLP; Peiyu Yu – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: Salt Security;

Martina Bellini

Author: Martina Bellini