HomeFinTechDrata: Raises $100M in Series B Funding

Drata: Raises $100M in Series B Funding

Date:

TAPi Buys Mastercard’s Arcus Assets to Propel Mexico Market Entry

Strategic Acquisition Aims to Enhance Digital Payment Solutions in...

UK Tribunal Rules Visa and Mastercard Interchange Fees Breach Competition Law

Landmark decision finds payment giants’ multilateral interchange fees unlawful,...

UK Tribunal Rules Visa and Mastercard Fees Violate Competition Law

Landmark Decision Could Reshape Payment Processing Landscape Highlights: The UK...

Drata Raises $100M in Series B Funding

  • Drata, a San Diego CA-based security and compliance automation company, raised $100M in Series B funding
  • The round was led by ICONIQ Growth, with participation from Alkeon Capital, Salesforce Ventures, GGV Capital, Cowboy Ventures and Leaders Fund
  • The company intends to use the funds to accelerate growth and leadership position in the market
  • The company provides a security and compliance automation platform for businesses to earn and keep the trust of their users, customers, partners, and prospects
  • Now, in conjunction with the new funding, the company prepares to launch two additional frameworks, HIPAA and PCI DSS, expanding on its current offering of ISO 27001 and SOC 2
  • It is used by hundreds of companies, including Notion, FullStory, Amplitude, and Abnormal Security
Exit mobile version