Tech Company Financing Transactions
Drata Funding Round
On 6/24/2021, Drata received $25 million in Series A investment from GGV Capital, Cowboy Ventures and Leaders Fund.
Transaction Overview
Company Name
Announced On
6/24/2021
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to hire across key go-to-market functions and expand the platform beyond SOC 2 into ISO 27001, the European compliance counterpart, as well as additional security frameworks.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
4660 La Jolla Village Dr. 100
San Diego, CA 92122
USA
San Diego, CA 92122
USA
Phone
Undisclosed
Website
Email Address
Overview
Drata is a security and compliance automation platform that continuously monitors and collects evidence of a company's security controls, while streamlining compliance workflows end-to-end to ensure audit readiness. We all recognize the importance of earning and keeping the trust of our customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adam Markowitz
Chief Technical Officer
Daniel Marashlian
VP - Sales
Troy Markowitz
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Prev: 6/24/2021: Abata Therapeutics venture capital transaction
Next: 6/24/2021: Rheaply venture capital transaction
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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