Salt Security raises $20 million to protect APIs with AI

Salt Security, a cybersecurity startup developing a threat protection solution that discovers APIs and detects vulnerabilities, has raised $20 million. It plans to use the new capital to renew its investments in product development and expand its sales and marketing teams. APIs (application programming languages) dictate the interactions between software intermediaries. They define the kinds of calls or requests that can be made, how they're made, the data formats that should be used, and the conventions to follow. And as over 80% of web traffic becomes API traffic, they're coming under threat. Gartner predicts that by 2021, 90% of web apps will have more surface area for attacks in the form of exposed APIs than frontends.