Vanta, a San Francisco, CA-based automated security and verified compliance platform, closed a $50m Series A funding.
The round was led by Sequoia Capital, with participation from existing investor Y Combinator. In conjunction with the funding, Sequoia General Partner Andrew Reed will join Vanta’s board of directors.
The company will use the new funding to meet customer demand, launch new products, and open a second office in New York.
Founded in 2017 and led by Christina Cacioppo, CEO, Vanta provides a platform for companies to automate their security monitoring and prepare for SOC 2, ISO 27001, or HIPAA compliance certifications. The platform connects to services including Google Cloud Platform, Amazon Web Services, GitHub, Okta, and Slack.
Nearly 1,000 companies, including Clubhouse, Lattice, Calm, Loom, Notion, and UserTesting, use Vanta to power their security and compliance.
In two and a half years, the company has surpassed $10 million in annual recurring revenue.