Salt Security, based in Palo Alto, Calif., was founded in 2016 by CEO Roey Eliyahu and COO Michael Nicosia. The company, which was last valued at $1.4 billion in February 2022, offers what is known as an API protection platform to prevent cyberattacks by using artificial intelligence in a continuous and automated manner. API is short for “application program interfaces,’’ which have become critical to programming web-based interactions and have thus become a natural target for hackers.
in February 2022, Salt Security closed a $140 million Series D round led by Capital G, the independent growth fund controlled by Alphabet, Google’s parent company.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Salt Security, based in Palo Alto, Calif., was founded in 2016 by CEO Roey Eliyahu and COO Michael Nicosia. The company, which was last valued at $1.4 billion in February 2022, offers what is known as an API protection platform to prevent cyberattacks by using artificial intelligence in a continuous and automated manner. API is short for “application program interfaces,’’ which have become critical to programming web-based interactions and have thus become a natural target for hackers.
in February 2022, Salt Security closed a $140 million Series D round led by Capital G, the independent growth fund controlled by Alphabet, Google’s parent company.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Salt Security is a privately held company and is not publicly traded, therefore investing in Salt Security pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
Can you sell shares of Salt Security before it goes public?
You can seek to sell your shares in Salt Security while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.
What is the pre-IPO value of my Salt Security shares?
To determine the value of your Salt Security shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Salt Security shares. You can also learn more about how to sell your private shares before getting started.
Is Salt Security a publicly traded company?
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
To learn more about Salt Security potential IPO
Will Salt Security go IPO?
Salt Security has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.
What is Salt Security’s IPO price?
The Salt Security IPO price does not exist at this time, as Salt Security is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Salt Security register for Forge Markets, today.
When was Salt Security founded?
Salt Security was founded in 2016.
What is Salt Security funding to date?
Salt Security has raised $270.92MM to date.
Who are Salt Security’s major investors?
Sequoia Capital
Dfj Growth
Y Combinator
Tenaya Capital
S Capital Vc
Marius Nacht
Alkeon Capital
Capitalg
S Capital
Advent International
Kevin Mahaffey
Salt Security Major Investors
Sequoia Capital
Dfj Growth
Y Combinator
Tenaya Capital
S Capital Vc
Marius Nacht
Alkeon Capital
Capitalg
S Capital
Advent International
Kevin Mahaffey
Show All InvestorsShow Fewer Investors
Salt Security Funding Rounds and Valuation
Funding History Chart
Funding Round Details
Funding Date
Share Class
Amount Raised
Price per Share
Post-Money Valuation
Key Investors
02/10/2022
Series D
$140MM
$xx.xx
$1.4B
Advent International, Alkeon Capital, Capitalg, Dfj Growth, S Capital Vc, Sequoia Capital, Tenaya Capital, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
10,810,811
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Advent International, Alkeon Capital, Capitalg, Dfj Growth, S Capital Vc, Sequoia Capital, Tenaya Capital, Y Combinator
05/26/2021
Series C
$70MM
$xx.xx
$606.24MM
Advent International, Alkeon Capital, Dfj Growth, S Capital Vc, Sequoia Capital, Tenaya Capital, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
11,471,648
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Advent International, Alkeon Capital, Dfj Growth, S Capital Vc, Sequoia Capital, Tenaya Capital, Y Combinator
12/08/2020
Series B
$30MM
$xx.xx
$150.27MM
S Capital Vc, Sequoia Capital, Tenaya Capital, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
17,564,402
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
S Capital Vc, Sequoia Capital, Tenaya Capital, Y Combinator
06/16/2020
Series A
$20MM
$xx.xx
$76.32MM
Tenaya Capital
Price per Share
$xx.xx
Shares Outstanding
15,974,440
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Tenaya Capital
01/29/2019
Series Seed-2
$499,999.71
$xx.xx
$20.6MM
Kevin Mahaffey, Marius Nacht, S Capital, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
1,338,329
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Kevin Mahaffey, Marius Nacht, S Capital, Y Combinator
01/29/2019
Series Seed-3
$2.42MM
$xx.xx
$20.6MM
Kevin Mahaffey, Marius Nacht, S Capital, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
5,610,157
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Kevin Mahaffey, Marius Nacht, S Capital, Y Combinator
01/29/2019
Series Seed-1
$8MM
$xx.xx
$20.6MM
Kevin Mahaffey, Marius Nacht, S Capital, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
16,701,461
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Kevin Mahaffey, Marius Nacht, S Capital, Y Combinator
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Updated on: Jan 7, 2025
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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.
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