Fenwick represented Salt Security, a leading API security company, in its $20 million Series A financing led by Tenaya Capital.
Existing investors Haim Sadger and Aya Peterburg, Co-Founders of S Capital, formerly Sequoia, as well as independent investor Marius Nacht, Co-Founder and Chairman of Check Point Software, significantly participated in this round. Strategic investor René Bonvanie, EVP of Strategic Accounts and former CMO at Palo Alto Networks, also participated.
Salt Security will use the funding to continue investing in product development and innovation, address new use cases, and expand sales and marketing to meet increasing demand. More information can be obtained from the company’s announcement.
The Fenwick transaction team included tax partner Idan Netser and corporate associates Alina Azizian, Amy Zhang, Larry Suh and Adrian Parlow.