June 22, 2021

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Sequoia Capital-Backed Vanta Raises $50M To Expand Its Cybersecurity Platform

Vanta, an automated security monitoring platform, has raised $50M in a Series A with participation from Sequoia Capital and Y Combinator. This raise valued the company at $500M.

How’s the company performing?

  • California-based Vanta automates the security process to speed up SOC 2, HIPAA, and ISO 27001 compliance for businesses. Its continuous monitoring platform reduces auditing time.
  • The company’s platform can be integrated with third-party services including GitHub, Slack, Okta, Google Cloud, and Amazon Web Services.
  • Vanta has over 1,000 customers including Lattice, Notion, Kustomer, and Affinity, among others.
  • The company, which has 65 employees, has $10M in annual recurring revenue.

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The post Sequoia Capital-Backed Vanta Raises $50M To Expand Its Cybersecurity Platform appeared first on CB Insights Research.