This Week in ‘Raises’: Drata Secures $200M, Dantari Lands $47M

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

This Week in ‘Raises’: Drata Secures $200M, Dantari Lands $47M
Modified by Joshua Letona

Security and compliance automation platform Drata received new funding to continue investing in research and development (R&D) to build its enterprise grade, automation solution. While biotechnology company Dantari will use its funds to continue developing targeted therapeutics for the treatment of cancers and other diseases.

***


Venture Capital

Drata, a San Diego-based security and compliance automation platform, raised a $200 million Series C funding round co-led by ICONIQ Growth and GGV Capital.

Thousand Oaks-based clinical-stage biotechnology company Dantari, Inc. raised a $47 million Series A financing round led by Westlake Village BioPartners.

Slingshot Aerospace, an El-Segundo-based startup developing software for managing objects in space’s orbit, raised $40.9 million in a Series A-2 funding round led by Sway Ventures.

Per an SEC filing, Super League Gaming, a Santa Monica-based esports content platform, raised $8.3 million in funding.

Irvine-based management platform for resource-efficient machine learning (ML) BreezeML raised a $4 million seed funding round led by BlueRun Venture (BRV) Aster.

OutcomeMD, a Los Angeles-based software company that develops an outcome management system for doctors, patients and institutions raised a $3.7M convertible note from Future Ventures, led by Steve Jurvetson.

Operative Intelligence, a Los Angeles-based artificial intelligence management platform raised a $3.5 million seed funding round led by Bonfire Ventures.

Los Angeles-based guest experience platform Dack, Inc. raised $3 million in funding, per an SEC filing.

Alfalfa, a Santa Monica-based fast casual food chain, raised a $2 million seed funding round led by Blue Falcon Capital.

Raises is dot.LA’s weekly feature highlighting venture capital funding news across Southern California’s tech and startup ecosystem. Please send fundraising news to Decerry Donato (decerrydonato@dot.la).

Subscribe to our newsletter to catch every headline.

Cadence

Snap’s Fourth Quarter Revenue Was the Company’s Slowest Growth Since Its IPO Six Years Ago

Samson Amore

Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College and previously covered technology and entertainment for TheWrap and reported on the SoCal startup scene for the Los Angeles Business Journal. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

​Snap logo over a bunch of snap shots
Sebastian Miño-Bucheli

Snap Inc.’s trend of growing its user base but failing to adequately monetize them continues.

Read moreShow less
https://twitter.com/samsonamore
samsonamore@dot.la

Behind Her Empire: Lisa Sequino on the ‘Light Bulb’ Moment That Launched JLo Beauty

Yasmin Nouri

Yasmin is the host of the "Behind Her Empire" podcast, focused on highlighting self-made women leaders and entrepreneurs and how they tackle their career, money, family and life.

Each episode covers their unique hero's journey and what it really takes to build an empire with key lessons learned along the way. The goal of the series is to empower you to see what's possible & inspire you to create financial freedom in your own life.

Behind Her Empire: Lisa Sequino on the ‘Light Bulb’ Moment That Launched JLo Beauty
Lisa Sequino

On this episode of Behind Her Empire, JLo Beauty Co-founder and CEO Lisa Sequino discusses how she transitioned from her corporate career to a more entrepreneurial path.

Read moreShow less
RELATEDEDITOR'S PICKS
LA TECH JOBS
interchangeLA
Trending