About StrongSalt
StrongSalt is a company based in San Jose (United States) founded in 2017 was acquired by SIMBA Chain in February 2022.. StrongSalt has raised $4.15 million across 1 funding round from investors including SIMBA Chain and Valley Capital Partners. StrongSalt operates in a competitive market with competitors including Rubrik, Tenable, Varonis, Seclore and Intralinks, among others.
- Headquarter San Jose, United States
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.15 M (USD)
in 1 rounds
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Latest Funding Round
$4.15 M (USD), Seed
Sep 24, 2019
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Investors
SIMBA Chain
& 1 more
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Employee Count
Employee Count
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Acquired by
SIMBA Chain
(Feb 15, 2022)
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Funding Insights of StrongSalt
StrongSalt has successfully raised a total of $4.15M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.15 million completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $4.2M
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First Round
First Round
(24 Sep 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Seed - StrongSalt | Valuation | Valley Capital Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in StrongSalt
StrongSalt has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include SIMBA Chain and Valley Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Smart contracts are developed and deployed via a cloud-based platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by StrongSalt
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - StrongSalt
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Strongsalt Comparisons
Competitors of StrongSalt
StrongSalt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rubrik, Tenable, Varonis, Seclore and Intralinks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Converged data management solutions are provided for backup and recovery.
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| domain | founded_year | HQ Location |
Predictive vulnerability assessments are delivered via cloud-based monitoring.
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| domain | founded_year | HQ Location |
Cloud-based platform for data privacy and document sharing is offered.
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| domain | founded_year | HQ Location |
Enterprise data security software is provided for digital asset protection.
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| domain | founded_year | HQ Location |
Secure inter-enterprise file sharing and collaboration are enabled.
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| domain | founded_year | HQ Location |
Hosted payment gateways and PoS systems
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Strongsalt
Frequently Asked Questions about StrongSalt
When was StrongSalt founded?
StrongSalt was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is StrongSalt located?
StrongSalt is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Is StrongSalt a funded company?
StrongSalt is a funded company, having raised a total of $4.15M across 1 funding round to date. The company's 1st funding round was a Seed of $4.15M, raised on Sep 24, 2019.
What does StrongSalt do?
StrongSalt was founded in 2017 in San Jose, United States, within the data security sector. Secure data storage, access, and sharing are facilitated by an application that incorporates blockchain technology and low-latency communication. Operations focus on protecting user data across various applications, with services centered in the technology domain. The companys domain is strongsalt.com.
Who are the top competitors of StrongSalt?
Who are StrongSalt's investors?
StrongSalt has 2 investors. Key investors include SIMBA Chain, and Valley Capital Partners.
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