In conjunction with the funding, Drata also said it’s preparing to launch two additional frameworks, HIPAA and PCI DSS, expanding on its current offering of ISO 27001 and SOC 2. Drata currently has a team of 70 full-time employees, with plans to triple in size in the next year. The one-year-old startup helps companies streamline their SOC 2 compliance through continuous, automated control monitoring and evidence collection, resulting in lower costs and time spent preparing for annual audits. “We are inspired by companies that truly have the power to drive change, and we believe Drata’s automation-led platform has the power to do that through its unique strategic value combined with deep customer love and ability to execute.”ĭrata was founded in mid-2020 2020 by Adam Markowitz, Daniel Marashlian, and Troy Markowitz. “We believe Drata’s growth in just 10 months has been nothing short of incredible, and this traction made us strong believers of the team’s exceptional product innovation and category leadership,” said Will Griffith, founding partner at ICONIQ Growth. The company has also grown its revenue by 69% month-over-month since January. Other backers in this round include Alkeon Capital and Salesforce Ventures. Existing investors GGV Capital, Cowboy Ventures, and Leaders Fund also participated in this round. Since its public launch less than 10 months ago, Drata has achieved major milestones, including securing its first 100 customers in 45 days, now on track to reach thousands in 2022. Less than 10 months after emerging from stealth, San Diego-based compliance and security automation startup Drata joins the coveted unicorn club after raising $100 million in Series B funding. The round, which was led by ICONIQ Growth, makes Drata one of the fastest SaaS companies ever to reach a $1B valuation.
0 kommentar(er)
