Drata's Valuation Rises To $2 Billion With $200 Million Series C Funding
12/07/22, 2:20 PM
Location
san diegoMoney raised
$200 million
Round Type
series c
Investors
Fog Ventures, Silicon Valley Ciso Investments, S Ventures, Cowboy Ventures, Salesforce Ventures, Alkeon Capital, Ggv Capital, Iconiq Growth
Drata, a continuous security and compliance automation platform, today announced $200 million in Series C funding co-led by ICONIQ Growth and GGV Capital. The latest round of funding doubles Drata's valuation to $2 billion since its Series B in November 2021, as the company progresses toward its mission of making compliance effortless and accessible for companies of all sizes.
Company Info
Location
san diego, california, united states
Additional Info
Replace manual GRC efforts, reduce costs, and save time preparing for audits and maintaining compliance. 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. We help thousands of companies streamline compliance for SOC 2, ISO 27001, HIPAA, GDPR, your own custom frameworks, and many more through continuous, automated control monitoring and evidence collection. Drata is backed by ICONIQ Growth, Alkeon, Salesforce Ventures, GGV Capital, Okta Ventures, SVCI (Silicon Valley CISO Investments), Cowboy Ventures, Leaders Fund, Basis Set Ventures, SV Angel, and many key industry leaders. Drata is based in San Diego, CA with team members across the globe.