Salesforce Ventures contributed to a series B round valuing the compliance management platform developer at $1bn.
US-headquartered security and regulatory compliance software startup Drata raised $100m in series B funding on Monday from investors including Salesforce Ventures, the corporate venture capital arm of enterprise software producer Salesforce.
The round was led by Iconiq Growth, an affiliate of multi-family office Iconiq Capital, at a valuation of $1bn. Alkeon Capital, GGV Capital, Cowboy Ventures and Leaders Fund also participated.
Drata’s software continuously monitors company activity to enable organisations to streamline their regulatory compliance activities and make sure they…
