SaltStack Completes Series A Round of $28 Million
SaltStack today announced a $15.5 million Series A financing round led by Mercato Partners. This new close is additive to previous investments from Peak Capital, Epic Ventures and Deep Fork Capital, bringing total the SaltStack funding round to $28 million.
SaltStack is an event-driven automation platform used for configuration management, security compliance, and orchestration of hybrid cloud, network, IoT and application environments at scale. In 2017, SaltStack launched SaltStack Enterprise, an IT management solution built to scale and replicate human intelligence for more efficient and autonomic infrastructure.
SaltStack plans to use this investment to hire talent across the organization, with specific emphasis on increasing its product and engineering output and extending sales and marketing programs to accelerate adoption of SaltStack Enterprise.
