Drata, the world’s most advanced security and compliance automation platform, has successfully raised $250 million in its latest funding round, a tremendous milestone that highlights the market’s growing confidence in its innovative approach to replacing manual GRC efforts. With this fresh infusion of capital, Drata is poised to further revolutionize the way companies manage security and compliance by automating continuous control monitoring and evidence collection. The platform is designed to reduce costs and save valuable time during audits and while maintaining compliance, making it an indispensable tool for thousands of organizations around the globe. Its comprehensive solution streamlines adherence to a variety of standards including SOC 2, ISO 27001, HIPAA, and GDPR, as well as custom frameworks tailored to meet unique business requirements. This achievement not only reflects Drata’s solid foundation and the transformative impact it has had on the industry but also sets the stage for an accelerated global expansion. Backed by leading investors such as ICONIQ Growth, Alkeon, Salesforce Ventures, GGV Capital, Okta Ventures, SVCI, Cowboy Ventures, Leaders Fund, Basis Set Ventures, and SV Angel, among others, the company has established a robust network of industry champions dedicated to enhancing trust between companies and their stakeholders. Headquartered in San Diego, CA, with team members distributed across the world, Drata is now primed to scale its operations, invest in further research and development, and solidify its position at the forefront of security and compliance automation—a true game changer in the digital era.
Drata Raises $250M to Revolutionize Automated Compliance and Security Efforts
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