Drata to acquire SafeBase for $250 million.
Summary
San Diego-based compliance automation company Drata has signed an agreement to acquire trust center platform provider SafeBase for $250 million, SecurityWeek reports. Brett Galloway, CEO of AttackIQ, stated, "This acquisition enables us to rapidly extend our traditional breach and attack simulation (BAS) use case to now include AEV and help organizations programmatically pivot to Cyber Threat Exposure Management." San Francisco-based employee security posture management platform Riot has raised $30 million in a Series B round led by Left Lane Capital, with participation from existing investors Y Combinator, Base10, and FundersClub. Palo Alto, California-based privileged identity management startup SGNL has raised $30 million in a Series A round led by Brightmind Partners, with participation from Costanoa Ventures, Microsoft’s M12, and Cisco Investments. Semgrep has appointed Garrett Souza as Vice President of Sales and added Mark McLaughlin, former CEO of Palo Alto Networks, as an angel investor and advisor.