SAN DIEGO, CA, Drata, a continuous security and compliance automation platform, announced $200 million in Series C funding co-led by ICONIQ Growth and GGV Capital. The latest round of funding doubles Drata's valuation to $2 billion since its Series B in November 2021.

Alkeon Capital also made a significant investment in this round. Additional investors in the round include Salesforce Ventures, Cowboy Ventures, S Ventures (SentinelOne), Silicon Valley CISO Investments (SVCI), and FOG Ventures (Operators Guild). Strategic individuals participated in the round including Jeff Weiner (LinkedIn), Frank Slootman (Snowflake), Jennifer Tejada (PagerDuty), Amit Agarwal (Datadog), Olivier Pomel (Datadog), and Jonathan Rubinstein (Amazon), joining Satya Nadella (Microsoft), who invested in Drata's $100 million Series B round.

Drata is a security and compliance automation platform that continuously monitors and collects evidence of a company's security controls, while streamlining end-to-end workflows to ensure audit-readiness.