Salto Raises $42M in Series B Funding


Salto, a San Francisco, CA- and Tel Aviv, Israel-based business operation (BizOps) startup, raised $42m in Series B funding.

The round, which brought total funding to $69m to date, was led by Accel, with participation from Salesforce Ventures, Bessemer Venture Partners and Lightspeed Venture Partners.

Founded in 2019 by Israeli entrepreneurs Rami Tamir, Benny Schnaider and Gil Hoffer, Salto is a business operations (BizOps) startup which provides solutions to improve the productivity of SaaS administrators on Salesforce, NetSuite and HubSpot. By applying innovative software development concepts and practices, the company provides both an open source and an enterprise SaaS product to simplify, automate and unite configuration, testing, analysis, and compliance across business applications.

The company intends to use the funds to expand its capacity to configure more business applications. Salto plans to expand its support to a total of 10 applications by the end of 2021.