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Venture Capital News: Drata Snares $100M in Series B

2021-11-09
SAN DIEGO, CA, Drata, a security and compliance automation company, announced $100 million in Series B funding led by ICONIQ Growth.
SAN DIEGO, CA, 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.

Existing investors GGV Capital, Cowboy Ventures, and Leaders Fund also participated in this round.

Drata's Series B funding makes the SaaS company one of the fastest ever to achieve a $1 billion valuation.
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