ICONIQ Growth and GGV Capital led a $200m Series C funding round in Drata.

ICONIQ Growth, a privately-held investment firm, and GGV Capital, a global venture capital firm, led a $200m Series C funding round in Drata, a continuous security and compliance automation platform, with participation from Alkeon Capital, Salesforce Ventures, Cowboy Ventures, SentinelOne, Silicon Valley CISO Investments, FOG Ventures, Jeff Weiner, Frank Slootman, Jennifer Tejada, Amit Agarwal, Olivier Pomel and Jonathan Rubinstein. "Since our inception, Drata has been designed to bridge the gap between compliance and trust through automation, and we've made significant progress in less than two years. This next phase of growth will only further accelerate those efforts, introduce a new wave of open compliance, and help us realize our vision of being the trust layer between our incredible customers and those they do business with," Adam Markowitz, Drata Co-Founder and CEO.