SafeBase Acquires Stacksi

SafeBase

SafeBase, a San Francisco, CA-based provider of a platform that helps security teams automate the security review process and accelerate sales deals, acquired Stacksi, a San Francisco, CA-based provider of an AI-powered security questionnaire automation platform.

The amount of the deal was not disclosed.

The acquisition enhances SafeBase’s position as a trust center platform for enterprises.

Led by CEO Al Yang, SafeBase empowers security & governance, risk, and compliance teams to develop a customer-facing, scalable Trust Center that automates the security review process between buyers and sellers. Companies like LinkedIn, Asana, Jamf, and Snyk use it to reduce security questionnaires, create a better buying experience, accelerate sales velocity, and position security as a revenue driver.

Founded in 2020, SafeBase has raised $20M to date.

FinSMEs

07/09/2023