Israeli business operations co Salto raises $42m
Salto’s platform offers companies a better return on the dozens of SaaS licenses they already pay for.
Israeli business apps configuration startup Salto today announced that it has completed a $42 million Series B financing round led by Accel, with participation from existing investors Salesforce Ventures, Bessemer Venture Partners and Lightspeed Venture Partners. This brings the total amount of funding raised by Salto to $69 million.
As enterprises call for a more unified way to configure, analyze, and ensure compliance for their standalone SaaS (software as a service) applications, Salto is supplying the demand for a new way to improve the productivity of SaaS administrators.