Drata, which uses automation to help companies obtain SOC compliance, raises a $100M Series B led by Iconiq Growth at a $1B valuation (Paul Sawers/VentureBeat)

Paul Sawers / VentureBeat:
Drata, which uses automation to help companies obtain SOC compliance, raises a $100M Series B led by Iconiq Growth at a $1B valuation  —  Security and compliance automation platform Drata has raised $100 million in a series B round of funding, valuing the one-year-old company at a cool $1 billion.