Venture Capital
Summary List Placement Startup Salto is emerging from stealth mode with a $27 million Series A funding round led by Bessemer Venture Partners, Lightspeed Venture Partners, and Salesforce Ventures to create a "connective tissue" between different software tools, according to a Tuesday announcement. The company aims to make it easier for organizations to manage a host of different cloud-based software services, including Salesforce's signature customer relationship management tool and Oracle's NetSuite. Salto essentially allows customers to make back-end adjustments to all their tools at once, instead of manually having to change each one independently.

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