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Founded Year

2020

Stage

Series C | Alive

Total Raised

$328.2M

Valuation

$0000 

Last Raised

$200M | 10 mos ago

About Drata

Drata offers a security and compliance automation platform. It allows automated monitoring and evidence collection along with actionable insights, reports, alerts, and software-as-a-service (SaaS) integrations among others. It was founded in 2020 and is based in San Diego, California.

Headquarters Location

4660 La Jolla Village Drive Suite 100

San Diego, California, 92122,

United States

858-754-8811

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Drata's Product Videos

Drata's Products & Differentiators

    Frameworks - Continuous Compliance Automation

    Drata automates compliance operations and evidence collection with security monitoring integrations across your SaaS services. Gain visibility into your compliance status, control across your security program, and build a single picture of controls, people, devices, applications, vendors, and risk across your company. Currently, Drata automates SOC 2, ISO 27001, PCI DSS, GDPR, HIPAA, & CCPA The Fastest & Smartest Way to Achieve Continuous SOC 2 Compliance

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Research containing Drata

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Drata in 2 CB Insights research briefs, most recently on Mar 1, 2022.

Expert Collections containing Drata

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Drata is included in 2 Expert Collections, including Cybersecurity.

C

Cybersecurity

6,864 items

These companies protect organizations from digital threats.

U

Unicorns- Billion Dollar Startups

1,223 items

Latest Drata News

Rootly Hires Ex-Google Sales Leader to Accelerate Growth Into Enterprise IT Organizations

Sep 25, 2023

San Francisco, California, UNITED STATES SAN FRANCISCO, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Rootly , which offers the first and only enterprise-grade incident management platform, announced today that it has expanded its management team with the addition of Rahul Parmar , who joins today as Vice President, Sales. In this role, Parmar is responsible for driving revenue growth within Rootly’s enterprise IT customer base. Parmar was most recently Senior Director of Sales at Drata (currently valued at $2B), which provides a security compliance platform. As Drata’s first sales leader, he was a core part of the group that drove 10x+ ARR growth and scaled the original sales team by 5x. He has held previous sales roles at SADA and Google. “We are seeing tremendous demand for Rootly’s solutions, and it’s time for a dedicated sales leader,” said JJ Tang, Co-founder and CEO of Rootly. “Rahul has deep experience selling into complex enterprises, and a proven track record of building and scaling sales organizations. We are very excited to have him on board to expand and run Rootly’s sales organization.” In August 2023, Rootly announced that it had raised a $12M Series A round of funding. One of the company’s intentions from the raise was to increase its sales & marketing presence. “Rootly already has an impressive customer base and has earned 100 percent customer retention to date,” said Parmar. “We are solving an urgent, genuine problem and have broken away from competitors to offer the only truly enterprise-grade solution in the incident response space. This is a dream scenario for an enterprise sales leader – I feel fortunate to have this opportunity with Rootly.” While working at Instacart, Rootly’s founders discovered an urgent need for a better way to manage incident response – such as addressing web site outages that prevent customers from placing orders. Rootly combines checklists, immediate context on previous incidents, and notifications for stakeholders into one platform, automating much of the process, and made it enterprise-grade and scalable for any size company. Rootly’s platform has been proven to help accelerate incident resolution times by 80 percent or more. The company has landed hundreds of enterprise customers since going live in late 2020. “Rootly has found an unfulfilled niche in critical IT infrastructure,” said Tang. “We’ve found this space to be very resilient even in an uncertain economy – companies are continuing to invest here. We have a great opportunity in front of us, and Rahul will play a big role in helping Rootly capture commanding market share.” About Rootly Rootly offers the best enterprise-grade incident management platform, proven to help accelerate incident resolution times by 80 percent or more. Rootly’s simple and configurable platform can be set up in 10 minutes, and with 50+ integrations automates manual admin work such as paging responders, incident creation, tracking action items and metrics, stakeholder communication, and generating retrospectives. The AI-powered platform learns over time, helping companies understand the root cause of incidents so they can be prevented in the future. Backed by leading investors including Y Combinator, Renegade Partners, and Gradient Ventures, Rootly is already in use at hundreds of enterprises including Canva, NVIDIA and Tripadvisor. Learn more at Rootly.com. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/763d661c-defd-462c-a36c-5f137c8e9c74 Rootly offers the first and only enterprise-grade incident management platform Founded by early Instacart employees, Rootly has been proven to help accelerate incident resolution ...

Drata Frequently Asked Questions (FAQ)

  • When was Drata founded?

    Drata was founded in 2020.

  • Where is Drata's headquarters?

    Drata's headquarters is located at 4660 La Jolla Village Drive, San Diego.

  • What is Drata's latest funding round?

    Drata's latest funding round is Series C.

  • How much did Drata raise?

    Drata raised a total of $328.2M.

  • Who are the investors of Drata?

    Investors of Drata include Cowboy Ventures, GGV Capital, Salesforce Ventures, Alkeon Capital Management, ICONIQ Growth and 11 more.

  • Who are Drata's competitors?

    Competitors of Drata include Hyperproof, Trava, Vanta, Socure, ControlMap and 16 more.

  • What products does Drata offer?

    Drata's products include Frameworks - Continuous Compliance Automation and 1 more.

  • Who are Drata's customers?

    Customers of Drata include Lemonade.

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Trusted by the world's smartest companies to:
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  • Identify tomorrow's challengers
  • Spot growing industries
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