# SaltStack

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/saltstack

- Industry: Software
- Headquarters: Lehi, US
- Website: www.saltstack.com
- Total disclosed funding: $26M
- Latest round: Series A (Feb 14, 2018)
- Investors on record: 4

## About

SaltStack, Inc. specializes in IT automation software, providing solutions for configuration management, orchestration, and cloud management to enhance efficiency in complex IT environments.Founded in 2011 by Marc Chenn, SaltStack, Inc. operates from Lehi, US, focusing on IT automation. In September 2020, VMware, Inc. acquired SaltStack, completing the deal in October 2020. The company has raised a total of USD 15.50 mn across 4 funding rounds, with the latest being a Series A round led by Mercato Partners, along with investors such as Album VC, Deep Fork Capital, and EPIC Ventures.SaltStack specializes in IT automation software, primarily focused on configuration management, orchestration, and cloud management solutions. Their flagship product, Salt, is an open-source platform that enables users to automate and manage large-scale IT environments efficiently. Utilizing a master-minion architecture, the software allows a central server to control multiple client machines, streamlining processes such as server provisioning, monitoring, and system updates. SaltStack serves a diverse clientele, including large enterprises and service providers across sectors such as finance, healthcare, and technology, with a significant presence in North America, Europe, and Asia.SaltStack's revenue model is primarily based on subscription services, where clients pay for access to their suite of products, including both open-source offerings and enterprise-grade solutions providing additional features and support. Transactions are typically on a B2B basis, involving multi-year contracts for ongoing access and updates. The pricing structure varies based on deployment scale and support levels, with tiered options catering to different business needs. Products like Salt Enterprise may include service agreements for training, implementation support, and ongoing maintenance services, facilitating seamless integration of SaltStack’s automation capabilities into client operations.Though specific upcoming products have not been detailed, SaltStack aims for continuous innovation in IT automation solutions. The company plans to leverage its recent funding from the Series A round, amounting to USD 15.50 mn, to enhance its product offerings and expand into new markets. Following the acquisition by VMware, SaltStack will likely align its growth strategy to capitalize on VMware's extensive global reach, thereby potentially targeting markets in Asia and Europe by 2022. Recent initiatives may also focus on improving customer support and enhancing product functionalities to meet evolving industry needs.

## Funding rounds

- Series A, Feb 14, 2018, $16M — EPIC Ventures, Mercato, Deep Fork Capital, Album VC
- Seed, Sep 23, 2016, $11M — EPIC Ventures, Deep Fork Capital, Album VC

## Investors

- EPIC Ventures (https://capitalatlas.ai/funds/epic-ventures) — Seed, Series A
- Deep Fork Capital (https://capitalatlas.ai/funds/deep-fork-capital) — Seed, Series A
- Album VC (https://capitalatlas.ai/funds/album-vc) — Seed, Series A
- Mercato (https://capitalatlas.ai/funds/mercato) — Series A