Wednesday, December 7, 2022

Drata Raises $200M In Series C, Now Worth $2 Billion

San Diego-based security and compliance automation software developer Drata announced this morning that it has raised $200M in its Series C funding round, at a valuation of $2 billion. According to the company, the funding was co-led by ICONIQ Growth and GGV Capital, and also included Salesforce Ventures, Cowboy Ventures, S Ventures (SentinelOne), Silicon Valley CISO Investments (SVCI), and FOG Ventures (Operators Guild)pus angels Jeff Weiner (LinkedIn), Frank Slootman (Snowflake), Jennifer Tejada (PagerDuty), Amit Agarwal (Datadog), Olivier Pomel (Datadog), and Jonathan Rubinstein (Amazon), joining Satya Nadella (Microsoft). Adam Markowitz is the Co-Founder and CEO of Drata.