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Security compliance firm Drata acquires SafeBase for $250M
Drata has acquired software security review startup SafeBase for $250 million as the former looks to scale up its offerings.
Incubated by Y Combinator, the company helps customers fill out security questionnaires — the reviews that organizations normally kick off before purchasing a new piece of software. “Together with SafeBase, we’re more committed than ever to empowering our customers to build and scale trust, unlock growth, and achieve success,” Markowitz said in the blog. Founded in 2020, Drata has grown rapidly over the years, securing well over $300 million in funding and acquiring over 7,000 customers including Notion and Tenable.
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