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Drata raises $3.2M for its compliance audit platform – TechCrunch


Drata raises $3.2M for its compliance audit platform
Drata, a startup that helps businesses get their SOC 2 compliance, today announced that it has raised a $3.2 million seed round led by Cowboy Ventures and that it is coming out of stealth. Other investors include Leaders Fund, SV Angel and a group of angel investors.
Like similar services, Drata helps businesses automate a lot of the evidence collection as they prepare for a SOC 2 audit. The focus of the service is obviously on running tests against the SOC 2 framework to help businesses prepare for their audit (and to prepare the right materials for the auditor). To do so, it features integrations with a lot of standard online business tools and cloud services to regularly pull in data. One nifty feature is that it also lets you step through all of the various sections of the SOC 2 criteria to check your current readiness for an audit. ....

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Drata Raises $3.2 Million and Launches Platform to Automate SOC 2 Compliance


 
Drata, a next-gen compliance and security automation company, came out of stealth today and announced $3.2M in seed funding led by Cowboy Ventures and participation from Leaders Fund, and SV Angel. The round also includes several strategic angel investors. Drata helps companies streamline their SOC 2 compliance through continuous, automated control monitoring and evidence collection, resulting in lower costs and time spent preparing for annual audits.
Drata s automated SOC 2 compliance dashboard
Drata announces $3.2M in seed funding led by Cowboy Ventures to help companies automate security and SOC 2 compliance
Drata is a team of seasoned entrepreneurs and engineers who have a successful track record and have worked together for more than 10 years. The platform they developed truly delivers on the promise of automation to reduce the burden of SOC 2 compliance and sets companies up for continuous monitoring which is coming in the future, said Ted Wang, Partne ....

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