Okta Ventures

– Drata is a security and compliance automation company.
– Company raised $25M in Series A funding.
– The round was led by GGV Capital with participation from new investors Okta Ventures and Silicon Valley CISO Investors (SVCI), as well as insiders Cowboy Ventures and Leaders Fund, along with several strategic investors and security practitioners.
– The new investment will be used to hire across key go-to-market functions and expand the platform beyond SOC 2 into ISO 27001, the European compliance counterpart, as well as additional security frameworks.

– Immuta secured $90m in Series D funding.
– The Series D funding round includes new investors Greenspring Associates, March Capital, NGP Capital, and Wipro Ventures, as well as participation from existing investors Ten Eleven Ventures, Intel Capital, DFJ Growth, Dell Technologies Capital, Citi Ventures, and Okta Ventures.
– The investment will go towards accelerating Immuta’s product research and development, expanding sales and marketing capacity to capture growing demand in the U.S., EMEA, and APAC, and deepening strategic partnerships within the cloud data ecosystem.
– Immuta helps large enterprises scale centralized data operations and analytics teams and helps innovative technology companies build and scale data-powered apps and services.