SaltStack Raises $15.5M in Series A Financing

SaltStack, a Salt Lake City, UT-based intelligent automation platform for a software-defined world, raised $15.5m in Series A financing.

The round, which brings total funding to $28m, was led by Mercato Partners. In conjunction with the funding, Ryan Sanders of Mercato Partners will join the SaltStack board of directors.

The company will use the funds to hire talent across the organization, with a focus on increasing its product and engineering output and extending sales and marketing programs.

Led by Marc Chenn, CEO and co-founder, SaltStack provides an event-driven automation platform used for configuration management, security compliance, and intelligent orchestration of hybrid cloud, network, IoT and application environments at scale.
In 2017, the company launched SaltStack Enterprise, an IT management solution built on the Salt open source software project to scale and replicate human intelligence for more efficient and autonomic infrastructure.

SaltStack is used by enterprise IT and DevOps organizations at companies like Tyson Foods, Adobe, Intuit, Dun & Bradstreet, Lyft, LinkedIn, KPMG, Cloudflare, Clemson University, TD Bank, Sterling Talent Solutions and SAP.



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