Drata

Security compliance firm Drata acquires SafeBase for $250M

Enterprise /

Drata, a security compliance automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR, has acquired software security review startup SafeBase for $250 million. SafeBase co-founders Al Yang (CEO) and Adar Arnon (CTO) will retain their roles, and SafeBase will continue to offer a standalone product while bringing its core solutions to […]

Security compliance firm Drata acquires SafeBase for $250M Read More »

Security compliance unicorn Drata lays off 9% of its workforce

Enterprise /

Drata, a security compliance automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR, has laid off 9% of its workforce, amounting to 40 people. Founded in 2020, Drata integrates with dozens of clouds, SaaS apps, developer tools, security systems, and more, helping businesses collate the necessary evidence to prove that their data privacy and security

Security compliance unicorn Drata lays off 9% of its workforce Read More »