Fenwick represented Salt Security, a leading API security company, in its $30 million Series B funding led by Sequoia Capital, with participation from existing investors Tenaya Capital, S Capital VC and Y Combinator. This latest funding round follows closely on the heels of a $20 million Series A raise in June 2020.
The additional funding will enable the company to accelerate its business in 2021 more rapidly, with a focus on investing in product development, sales and marketing, and customer acquisition. More information can be obtained from Salt Security’s announcement.
The Fenwick transaction team included partner Idan Netser, associates Alina Azizian and Adrian Parlow and law clerk Anja Kong.