The genera Cyclosalpa de Blainville, 1827 and Helicosalpa Todaro, 1902 are revised on the basis of material from all three oceans. Two new species, Cyclosalpa foxtoni and Cyclosalpa ihlei are described, and four taxa, formerly described as varieties or subspecies, are raised to specific rank. The existence of morphological groups of species within the genus Cyclosalpa is discussed.