![]() ![]() Your continued feedback, support, and collaboration empowers us to better serve you and drive an automation-led approach that best suits your individual needs. I also want to share my utmost gratitude to our customers, partners, and community. Drata, a company that uses automation to help companies achieve SOC compliance, has managed to raise a 100M Series B. Drata allows companies to manage SOC 2, ISO 27001 and HIPAA compliance through automated control monitoring and evidence collection. Existing investors GGV Capital, Cowboy Ventures and Leaders Fund also participated. ![]() Day in and day out, I’ve seen this stellar team embody those values in every aspect of their work it’s what makes Drata’s offerings truly unmatched in the market. The round was led by ICONIQ Growth and saw participation from Alkeon Capital and Salesforce Ventures. I’d be remiss if I didn’t mention how important our core values of trust and integrity are to the Drata ecosystem. This next year-with more launches, features, and enhancements to come-will bring us even closer to realizing our vision. We’re on a mission to make compliance effortless and accessible for companies of all sizes, and we’ve made incredible strides in those efforts. We’ve launched 14+ compliance frameworks, standards, and regulations, evolved into a compliance and risk management platform, and created a bustling community to support our now thousands of customers along their compliance journey. SaaS Compliance Company Drata Reaches Unicorn Status With 100M in Series B Funding Drata, a security and compliance automation company, announced 100 million in Series B funding led by Iconiq Growth, with additional investments from Alkeon Capital and Salesforce Ventures. In just a little over one year since our Series B, which made Drata one of the fastest SaaS companies ever to reach a $1B valuation, our team has more than tripled and worked at #DrataSpeed to significantly expand the platform. ICONIQ Growth deepens its partnership with Drata, a prominent security and compliance automation platform, by leading the companys 200M Series C. Company came out with a secret 3 million grant to design and build a platform for automation and compliance. The new 100 million funding cycle comes less than 10 months after a San Diego, Calif. Troy Markowitz, Daniel Marashlian, and I are continuously in awe of what the Drata team has been able to accomplish together at such a record-setting pace. Drata has invested 100 million in a 1 billion north-sponsored sponsorship deal. Today, we’re announcing Drata's $200M Series C funding and $2B valuation, co-led by our incredible partners at ICONIQ Capital and GGV Capital. □
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