Salt Security Appoints Gilad Gruber as Senior Vice President of Engineering

Rhea-AI Summary

Salt Security has appointed Gilad Gruber as the new senior vice president of engineering. With over 20 years of experience in software solutions, Gruber will enhance the company's engineering functions as it expands its API security platform. The company is currently valued at $1.4 billion and has secured $271 million in total funding. Gruber previously served as CTO at Payoneer (PAYO), leading over 500 engineers. This leadership addition signifies Salt's commitment to technology innovation and addressing the growing threats to APIs, aiming to accelerate their growth trajectory and deliver value to enterprise customers.

Positive

• Appointment of Gilad Gruber enhances leadership capabilities.
• Gruber's extensive experience in technology and engineering may drive innovation.
• Salt's valuation of $1.4 billion reflects strong market position.

Negative

• Potential continuity concerns with a new leader in engineering.

In the newly created role, Gruber will lead engineering and drive technology strategy as Salt continues to advance its API security platform to meet growing demand

PALO ALTO, Calif., Feb. 15, 2023 /PRNewswire/ -- Salt Security, the leading API security company, today announced the addition of Gilad Gruber to the Salt executive team as senior vice president of engineering. A technology veteran with more than 20 years of experience, Gruber brings deep expertise in both consumer and enterprise software solutions. In the newly created role, Gruber will lead engineering functions and drive technology innovation, as the company continues to provide enterprise organizations with the most mature, robust, and intelligent API security solution on the market.

With a valuation of $1.4 billion and total funding of $271 million, Salt Security continues to invest in strengthening its executive team. In 2022, Salt created the positions of Chief People Officer and vice president of customer success, bolstering the company's HR and growing customer success team. With the addition of Gruber as senior vice president of engineering, Salt further extends and deepens its leadership capabilities as the company continues its growth trajectory.

"We are delighted to welcome Gilad to the Salt Security family," said Roey Eliyahu, CEO and co-founder, Salt Security. "His experience, leadership, and technical vision make him the ideal person to lead our engineering efforts. He's been an entrepreneur himself, he's worked at both startups and large companies, and he's driven successful outcomes many times in the past. Working together with Gilad, we look forward to creating even more value for our enterprise customers, enabling them to secure their and their customers' critical data while mitigating risks and driving key digital initiatives at pace."

"Surging growth in APIs has expanded the application attack surface at an unprecedented rate. As the undisputed leader in API security, Salt has been on the forefront helping companies overcome these new threats," said Gruber. "I am excited to join this amazing team at Salt Security and look forward to further accelerating our technology leadership."

Gruber is a seasoned technology executive, who has managed large distributed global engineering teams, as well as co-founded several startups. Most recently, Gruber served as CTO at the financial technology company, Payoneer (NASDAQ: PAYO), where he led a team of more than 500 engineers in R&D, data, cyber, corporate and production IT. Prior to Payoneer, Gruber held the position of Vice President, Research and Development at Panaya, an agile HDLC company and subsidiary of Infosys. He also served as Senior Vice President of front-end development at Citibank Innovation Center, where he oversaw the development of mobile FX trading, mobile Citi Private bank applications, municipal and high-yield bond trading applications, and MBS risk engines.

About Salt Security

Salt Security protects the APIs that form the core of every modern application. Its patented API Protection Platform is the only API security solution that combines the power of cloud-scale big data and time-tested ML/AI to detect and prevent API attacks. By correlating activities across millions of APIs and users over time, Salt delivers deep context with real-time analysis and continuous insights for API discovery, attack prevention, and shift-left practices. Deployed in minutes and seamlessly integrated within existing systems, the Salt platform gives customers immediate value and protection, so they can innovate with confidence and accelerate their digital transformation initiatives. For more information, please visit: https://salt.security

Press Contacts
Dex Polizzi
Lumina Communications for Salt Security
Salt@luminapr.com

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SOURCE Salt Security

FAQ

What is the significance of Gilad Gruber's appointment at Salt Security?

Gilad Gruber's appointment as senior vice president of engineering is crucial as he brings over 20 years of experience, which can enhance Salt Security's engineering functions and technological innovation.

How does Gilad Gruber's background impact Salt Security?

Gruber's previous role as CTO at Payoneer (PAYO) and his experience in leading large engineering teams are expected to positively impact Salt Security's growth and API security strategies.

What are Salt Security's financial metrics mentioned in the press release?

Salt Security is valued at $1.4 billion and has secured a total funding of $271 million, indicating its strong market position.