VentureBeat July 24, 2024
Vanta, a startup using AI to automate security compliance, has secured $150 million in Series C funding, vaulting its valuation to $2.45 billion.
Sequoia Capital led the round, with Goldman Sachs and JP Morgan joining as investors. This significant cash injection marks a pivotal moment for the four-year-old company and signals a broader shift in how businesses approach trust and security in the digital age.
Christina Cacioppo, Vanta’s co-founder and CEO, envisions a fundamental change in security verification. “We’re moving the market from point-in-time checks to continuous, ongoing monitoring,” she explained in an interview with VentureBeat. “This approach is much more reliable and reflects the real-time nature of today’s digital threats.”
Vanta’s rapid ascent — reaching $100 million in annual...
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