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  6. Drata Acquires SafeBase

M&A Deal Summary

Drata Acquires SafeBase

On February 11, 2025, Drata acquired internet software and services company SafeBase

Acquisition Highlights
  • This is Drata’s 2nd transaction in the Internet Software and Services sector.
  • This is Drata’s 3rd transaction in the United States.
  • This is Drata’s 2nd transaction in California.

M&A Deal Summary
Date 2025-02-11
Target SafeBase
Sector Internet Software and Services
Buyer(s) Drata
Deal Type Add-on Acquisition
Advisor(s) Goodwin Procter (Legal)

Target

SafeBase

San Francisco, California, United States
SafeBase offers a platform to help security teams automate the security review process and accelerates sales deals. The Company looks to reduce security questionnaires, create a better buying experience, accelerate sales velocity, and position security as a revenue driver. SafeBase was founded in 2020 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

Drata

San Diego, California, United States
Category Company
Sector Information Technology
DESCRIPTION

Drata is a security and compliance automation platform that continuously monitors and collects evidence of a company’s security controls, while streamlining workflows to ensure audit-readiness. Drata is based in San Diego, California.

DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-02 Oak9

Chicago, Illinois, United States

Oak9 is a cloud-native security platform and released a new capability in beta to seamlessly bring continuous compliance into the software development lifecycle. Oak9 is based in Chicago, Illinois.

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