SAN FRANCISCO--(BUSINESS WIRE)--May 10, 2023--
Vanta, a leading trust management platform, announced today that it has expanded its partnership with CrowdStrike, a leader in cloud-delivered protection of endpoints, cloud workloads, identity and data, with a new integration that improves compliance and security operations for organizations of all sizes. Vanta also announced three new strategic investors in their previously announced Series B — Atlassian Ventures, HubSpot Ventures and Workday Ventures.
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The new integration builds on an existing partnership between Vanta and CrowdStrike. In September 2022, the companies announced that CrowdStrike had made an investment in Vanta via the CrowdStrike Falcon Fund. That investment, along with the newly announced investments today by Atlassian Ventures, HubSpot Ventures and Workday Ventures, not only enable Vanta to continue growing its go-to-market, R&D and global expansion efforts, but provide valuable partnership opportunities via aligned customer and partner bases and industry-leading product innovation.
“As the market’s leading trust management platform, we’re excited to build on our industry-first partnership with CrowdStrike, bringing together our pioneering technologies to automate compliance securely across organizations—from small and midsize businesses to enterprise environments,” said Christina Cacioppo, CEO, Vanta. “As we transform the way companies demonstrate their security, and ultimately, establish and deepen trust, we’re thrilled to welcome new investments by Atlassian Ventures, HubSpot Ventures and Workday Ventures as we work to simplify and centralize security for our 5,000 global customers and beyond."
With cybersecurity threats continuing to increase in volume and complexity, it’s more critical than ever for organizations to prioritize their security posture and build trust with internal and external stakeholders alike. By leveraging the CrowdStrike Falcon® platform, Vanta customers gain visibility into employee agent deployment, allowing them to seamlessly configure and manage cloud monitoring to ensure internal policies are being upheld.
The integration with CrowdStrike increases automation for compliance security operations at scale within Vanta, empowering customers to:
- Improve security posture by actively monitoring the status of corporate employee access to the Falcon platform, as well as mitigate potential misuse and insider threats by removing access for offboarded users.
- Eliminate security blindspots with additional visibility into CrowdStrike agent installation coverage across relevant endpoints, and workloads for comprehensive protection and control.
- Meet compliance standards by certifying CrowdStrike prevention policies by actively performing the relevant checks on the required devices and cloud workloads within the Vanta platform.
"Cybersecurity and compliance are both on similar trajectories of increasing complexity," said Daniel Bernard, Chief Business Officer, CrowdStrike. "Together with Vanta, CrowdStrike is automating continuous security and compliance so organizations of all sizes can elevate protection levels in an efficient manner."
Over the past year, Vanta has nearly doubled its customer base to serve over 5,000 companies across 58 countries, while expanding its global footprint with offices in Australia, Ireland and the U.S. In January, Vanta announced its acquisition of Trustpage to accelerate its enterprise momentum and transform trust into a marketable advantage for companies around the world.
“Developing trust and providing companies with solutions to support them as they grow is essential to our mission to help organizations grow better. Vanta enables companies to strengthen trust with customers by improving security and compliance management, making them a natural partner to HubSpot,” said Eric Richard, CISO and SVP of Engineering Operations, HubSpot. “I’m looking forward to the work Vanta and HubSpot will do together to create more secure digital experiences for companies and their customers.”
To meet demand from its rapidly expanding customer base, in Q1 alone, Vanta added over 50 new integrations, for a total of 125+ across the most essential cloud applications in a company's tech stack. With Vanta’s recently launched Vendor Risk Management (VRM) solution and Questionnaire Automation, customers can evaluate security in the buying process while closing their own deals faster — all in a single platform.
“Teams work in a more connected and collaborative nature than ever before. But with more apps and entry points in every organization’s tech stack, the companies of tomorrow need to ensure they’re secure today,” said Peter Lenke, Head of Atlassian Ventures. “We’re excited to invest in and partner with Vanta as they enable security teams to significantly reduce vendor risk by quickly inventorying vendors, performing security reviews, and remediating issues — all in the same platform they use for security and compliance today. Vanta closes the loop on the security lifecycle from start to finish. With our shared commitment to reimagine and deliver a more secure cloud, we couldn’t be more thrilled to join Vanta in its next phase of growth.”
In addition to its product and partnership acceleration in 2023, Vanta’s innovation has been recognized across a range of rankings and awards including securing the #17 spot in CNBC’s Disruptor 50, Inc’s Best Workplaces and the Fastest Growing Cybersecurity Company by the Cybersecurity Excellence Awards.
“The investment in Vanta reflects our commitment to intelligent automation and sophisticated technology that helps organizations navigate an ever-changing world,” said Michael Magaro, Senior Vice President of Corporate Growth, Workday Ventures. “As the strategic capital arm of Workday, trust and transparency are values that are ingrained in everything we do at Workday Ventures. Vanta is well-positioned to evolve the rapidly changing trust and security industry, and we look forward to partnering with them as they continue their journey to safeguard organizations and consumers everywhere.”
In 2022, Vanta raised $150 million in funding from leading investors Craft Ventures, Sequoia and Y Combinator and security industry pioneers like CrowdStrike, bringing the company’s total amount raised to $203 million at a $1.65 billion valuation.
About Vanta
Vanta is the leading trust management platform that helps simplify and centralize security for organizations of all sizes. Over 5,000 companies including Autodesk, Chili Piper, Flo Health, and Quora rely on Vanta to build, maintain and demonstrate their trust—all in a way that's real-time and transparent. Founded in 2018, Vanta has customers in 58 countries with offices in Dublin, New York, San Francisco and Sydney. For more information, visit www.vanta.com.
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CONTACT: Erin Cheng
press@vanta.com
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: INTERNET SECURITY DATA MANAGEMENT TECHNOLOGY SOFTWARE
SOURCE: Vanta
Copyright Business Wire 2023.
PUB: 05/10/2023 09:30 AM/DISC: 05/10/2023 09:30 AM
http://www.businesswire.com/news/home/20230510005415/en
