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Announced

Drata to acquire SafeBase.

Synopsis

Drata, a trust management platform, agreed to acquire SafeBase, a trust center solution for the enterprise. Financial terms were not disclosed. "As a pioneer of the Trust Center category, SafeBase has always been committed to addressing and solving our customers' needs through unmatched innovations in automation and AI. Joining Drata marks another milestone in that commitment, where two customer-obsessed companies with aligned missions and cultures work together to redefine what's possible in Trust Management. This union cements our position as the leading solution for the enterprise," Al Yang, SafeBase Co-Founder and CEO.

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