Series B investment of $33 million was secured by SafeBase, a San Francisco, CA-based company that offers a platform for security inspections.
Investors
- Touring Capital ( Leading investment)
- Y Combinator
- Zoom Ventures
- NEA
- Comcast Ventures
- Cerca Partners
- Jim Alkove (the former Chief Trust Officer of Salesforce)
The money will be used by the business to grow both its operations and growth initiatives.
SafeBase, led by CEO Al Yang, offers the Trust Center Platform, which automates access to critical security artifacts such as company data and sensitive documents while enabling businesses to convey their security and trust posture.
With the help of the company’s flagship Trust Center and AI Questionnaire Assistance technologies, security, GRC, and revenue teams can improve buying experiences, increase sales velocity, and position security as a revenue enabler—all while reducing the need for laborious security questionnaires.
It is used by businesses to establish and preserve client trust, including Abnormal Security, Amplitude, Asana, Axonius, ClickUp, Datadog, Gigamon, GitLab, Jamf, LinkedIn, Plaid, Postman, and Ramp.
“We’re excited our investors are doubling down on our vision to create a world where security and third-party risk assessments are done in real-time with no friction. With this financing, we will be able to revolutionize third-party risk going forward and expand our platform throughout the trust ecosystem.”
CEO Al Yang
Regarding SafeBase
Designed to make security evaluations frictionless, SafeBase is the top Trust Center Platform. SafeBase improves how businesses communicate their security and trust posture and automates the security assessment process with an enterprise-grade Trust Center.
