{"id":7295,"date":"2025-02-11T16:57:48","date_gmt":"2025-02-11T22:57:48","guid":{"rendered":"https:\/\/www.darkreading.com\/cyber-risk\/drata-acquires-safebase-strengthen-grc-portfolio"},"modified":"2025-02-11T16:57:48","modified_gmt":"2025-02-11T22:57:48","slug":"drata-acquires-safebase-to-strengthen-grc-portfolio","status":"publish","type":"post","link":"https:\/\/ddi.mohflo.net\/index.php\/2025\/02\/11\/drata-acquires-safebase-to-strengthen-grc-portfolio\/","title":{"rendered":"Drata Acquires SafeBase to Strengthen GRC Portfolio"},"content":{"rendered":"
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NEWS BRIEF<\/span><\/span><\/p>\n

Drata, a trust management platform provider, announced plans on Tuesday to acquire SafeBase to streamline security reviews, strengthen vendor risk management, and maintain customer trust through continuous compliance. The acquisition, valued \u201cat a quarter of a billion dollars,\u201d according to a company spokesperson, is expected to close by the end of the month.<\/span><\/p>\n

Stricter regulatory requirements, increased cloud adoption, and growing dependency on AI tools are driving market demand for a \u201cfull stack\u201d Trust Management platform, Drata said in a statement. The companies have a \u201cshared vision of being the go-to \u2018trust layer\u2019 between companies,\u201d Drata said. The goal is to create a comprehensive Trust Management Platform, combining Drata\u2019s compliance automation and vendor risk management capabilities with SafeBase\u2019s Trust Center, which streamlines security questionnaires.<\/span><\/p>\n

SafeBase, founded in 2020 by CEO al Yang and CTO Adar Arnon, helps customers fill out security questionnaires before buying a new piece of software or hardware. These questionnaires can be time-consuming and difficult to complete, especially for more complex products. SafeBase can reduce time spent on inbound security questionnaires by up to 98%, according to Drata. The company, which raised $33 million in a Series B round last April, counts organizations including CrowdStrike, Hubspot, LinkedIn, T-Mobile, Twilio, and \u201cone-third of the Cloud 100\u201d as customers.<\/span><\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

NEWS BRIEF Drata, a trust management platform provider, announced plans<\/p>\n","protected":false},"author":12,"featured_media":7296,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[809],"class_list":["post-7295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-dark-reading"],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2025\/02\/drata-acquires-safebase-to-strengthen-grc-portfolio.jpg?fit=1280%2C720&ssl=1",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2025\/02\/drata-acquires-safebase-to-strengthen-grc-portfolio.jpg?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2025\/02\/drata-acquires-safebase-to-strengthen-grc-portfolio.jpg?fit=300%2C169&ssl=1",300,169,true],"medium_large":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2025\/02\/drata-acquires-safebase-to-strengthen-grc-portfolio.jpg?fit=640%2C360&ssl=1",640,360,true],"large":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2025\/02\/drata-acquires-safebase-to-strengthen-grc-portfolio.jpg?fit=640%2C360&ssl=1",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2025\/02\/drata-acquires-safebase-to-strengthen-grc-portfolio.jpg?fit=1280%2C720&ssl=1",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2025\/02\/drata-acquires-safebase-to-strengthen-grc-portfolio.jpg?fit=1280%2C720&ssl=1",1280,720,true],"chromenews-featured":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2025\/02\/drata-acquires-safebase-to-strengthen-grc-portfolio.jpg?fit=1024%2C576&ssl=1",1024,576,true],"chromenews-large":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2025\/02\/drata-acquires-safebase-to-strengthen-grc-portfolio.jpg?resize=825%2C575&ssl=1",825,575,true],"chromenews-medium":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2025\/02\/drata-acquires-safebase-to-strengthen-grc-portfolio.jpg?resize=590%2C410&ssl=1",590,410,true]},"author_info":{"display_name":"Dark Reading","author_link":"https:\/\/ddi.mohflo.net\/index.php\/author\/darkreading\/"},"category_info":"Uncategorized<\/a>","tag_info":"Uncategorized","comment_count":"0","jetpack_featured_media_url":"https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2025\/02\/drata-acquires-safebase-to-strengthen-grc-portfolio.jpg?fit=1280%2C720&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/posts\/7295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/comments?post=7295"}],"version-history":[{"count":0,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/posts\/7295\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/media\/7296"}],"wp:attachment":[{"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/media?parent=7295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/categories?post=7295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/tags?post=7295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}