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Drata Raises $3.2 Million and Launches Platform to Automate SOC 2 Compliance

Jan 13, 2021•over 4 years ago

Amount Raised

$3 Million

Round Type

seed

San Diego

Description

 Drata, a next-gen compliance and security automation company, came out of stealth today and announced $3.2M in seed funding led by Cowboy Ventures and participation from Leaders Fund, and SV Angel. The round also includes several strategic angel investors. Drata helps companies streamline their SOC 2 compliance through continuous, automated control monitoring and evidence collection, resulting in lower costs and time spent preparing for annual audits.

Company Information

Company

Drata

Location

San Diego, California, United States

About

Drata is the world's most advanced security and compliance automation platform with the mission to help companies earn and keep the trust of their users, customers, partners, and prospects. Drata helps companies streamline their SOC 2 compliance through continuous, automated control monitoring and evidence collection, resulting in lower costs and time spent preparing for annual audits. The company is backed by Cowboy Ventures, Leaders Fund, SV Angel, and many key industry leaders. Drata is based in San Diego, CA.

FundzWatch™ Score

71
Medium Activity

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