Summary: Drata has announced its acquisition of SafeBase in a 0 million deal, aiming to merge their strengths in security and compliance automation. This partnership is set to create a comprehensive trust management platform that streamlines security reviews and enhances compliance processes for organizations. Both companies, launched about four years ago, highlight their shared commitment to customer-centric solutions.
Affected: Drata and SafeBase
Keypoints :
- Drata is acquiring SafeBase to enhance its compliance and security platforms.
- The merger aims to create a trust management platform for transparent and streamlined security reviews.
- Drata was valued at billion following a 0 million Series C funding round in 2022.
Source: https://www.securityweek.com/drata-to-acquire-safebase-in-250-million-deal/