Vanta Secures $110 Million Series B Funding
Jun 8th, 2022Funding
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Vanta announced a $110 million Series B funding led by Craft Ventures with participation from Sequoia, Y Combinator, and others.
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This new milestone values the company at $1.6 billion and follows after achieving over $10 million in ARR.
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The funds will be used to expand support for compliance standards, launch new products, and grow the customer base.
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Vanta's mission is to secure the internet, and their platform helps businesses with automated compliance and security.
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Vanta has grown to over 3,000 customers and 250 employees, and recently introduced Vanta Trust Reports.