Reported 2 days ago
Vanta, an online security and compliance management platform, has seen its valuation soar to $4.15 billion in its latest funding round, a significant increase from $2.45 billion a year earlier. This growth, propelled by a $150 million Series-D round led by Wellington Management, reflects rising investor interest in risk-reducing software amidst increasing cyber threats. The funding will be used to enhance Vanta's AI capabilities and expand its customer base, including partnerships with the U.S. government.
Source: YAHOO