Security Compliance Company Drata has a valid base for $ 250 million

Drata, a security match automation platform that helps companies adhere to frames such as SOC 2 and GDPR acquisition Software Security Care SafeBase To $ 250 million.

Safebase co-founders will keep the roles of Al Yang (CEO) and Adar Arnon (CTO) and Safebase will continue to offer an independent product when brought basic solutions to the DRATA platform.

“This partnership combines only complementary products” Yang Wrote in a post on Safebase’s official blog. “This is aimed at handover of two customer-customer companies with aligned missions and cultures, tools that need to be successful.”

After meeting at Yang and Arnon Harvard Business School, they set up Safebase in 2020. The incubating company by the YB Combinator helps customers fill in security surveys – a new program that the organization has begun normal reviews.

SafeBase, security documents, security information and read questions, use specifically designed AI models to automatically respond to security surveys. Outside of special models, Safebase, a company provides an engine that allows you to designate the rules based on customer access, as well as the company’s security posture and the company’s security posture.

The head office managed to earn $ 53.1 million from investors, including Safebase, landing enterprises, nea and comcast ventular in San Francisco. According to Yang, SafeBase has more than 1,000 customers today, including Linkedin, Palander and Crowdstrike.

Like Drata co-founder and CEO Adam Markowitz Tuesday was recorded in a postThe purchase of Drata Safebase is coming as the demand increases in confidence management solutions. Cloud applications and AI have increased the trust of organizations to third parties with access to sensitive information. At the same time, new rules as a Digital Operating Change Law in the EU applying new security requirements to the sellers.

With SafeBase, Markowitz aims to create a “seamless ecosystem” of confidence, management, risk and compatibility victims.

“Together with SafeBase, we are more committed to success to trust and scalize our clients, to success and success, than our work to succeed,” he said. “This stage for the fourth anniversary of Drata is the beginning of an interesting new chapter.”

Founded in 2020, DrAT grew rapidly for years, more than 7,000 customers, including more than $ 300 million financing and understanding and gratitude. Microsoft CEO Satya Nadella and the former Linkedin CEO adds iconious growth and salesforce enterprises among sisters in addition to CEO Jeff Weiner.

Last year, the revenues of the drata increased by more than 100% annual and San Diego-based company added 650 new customers in each quarter. Drata as well as the management and automation firm in April in April, Automation of Cloud Security Platform and Automation Company in May.

Prior to DRATA Prey, Drata is approached $ 100 million in the annual recurring income via email.

However, the aggressive growth strategy has not been repaid in a row. Last September, Drata 40 people or 9% of its workforce was placed around. At that time, the company called “continuous growth”; The title of the DRata received 52% large from 2023 to last year.