Evolving into an integral part of an organization’s security stack, the company has more than 2,000 customers, including Fivetran and Lemonade, to streamline continuous compliance and turn trust into a competitive advantage.
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In addition to launching support for multiple languages, Drata also deepened its integrations with more than 75 applications and systems to provide full visibility into an organization’s security posture. Earlier this year, Drata launched its dynamic Trust Center, enabling customers to proactively display the health of their compliance programs, as well as its Risk Management offering to continuously monitor, identify, assess, and treat risks. Strategic individuals participated in the round including Jeff Weiner ( LinkedIn), Frank Slootman ( Snowflake), Jennifer Tejada ( PagerDuty), Amit Agarwal ( Datadog), Olivier Pomel (Datadog), and Jonathan Rubinstein ( Amazon), joining Satya Nadella ( Microsoft), who invested in Drata’s $100 million Series B round.įollowing its momentous Series B last year, Drata has broadened into an security compliance platform, expanding to more than 14 compliance frameworks, standards, and regulations such as GDPR, NIST SP 800-53, and CCPA, among many others. Additional investors in the round include Salesforce Ventures, Cowboy Ventures, S Ventures (SentinelOne), Silicon Valley CISO Investments (SVCI), and FOG Ventures (Operators Guild). We’re looking forward to supporting Drata’s future growth as they cement their leadership position in the compliance and security automation industry.”Īlkeon Capital also made a significant investment in this round. “The speed with which the company operates continues to blow us away. “The Drata team continues to set the bar higher with its innovative platform and customer-centric approach,” said Will Griffith, Founding Partner at ICONIQ Growth. 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. Drata announced $200 million in Series C funding co-led by ICONIQ Growth and GGV Capital.
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