Compliance Audit software
2021. 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. 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.
2021. Cloud security startup Lacework has raised $525M
Lacework, the cloud security startup providing solution built on top of Snowflake platform, has raised $525 million Series D bringing its overall funding to over $1 billion. The company reported that revenue grew 300% year over year for the second straight year. One of the reasons for such widespread interest from investors and customers is the breadth of the company’s security solution. It enables companies to build securely in the cloud, and we span across multiple different categories of markets, which enable the customers to do that. That encompasses a range of services, including configuration and compliance, security for infrastructure as code, build time and runtime vulnerability scanning and runtime security for cloud native environments like Kubernetes and containers.
2020. Palo Alto Networks to acquire CloudGenix for $420M
Palo Alto Networks has acquired CloudGenix for $420 million. CloudGenix delivers a software-defined wide area network (SD-WAN) that helps customers stay secure by setting policies to enforce compliance with company security protocols across distributed locations. This is especially useful for companies with a lot of branch offices or a generally distributed workforce, something just about everyone is dealing with at the moment as we find millions suddenly working from home.