FILE PHOTO: A display for automated security and compliance platform Vanta is seen at the Collision conference in Toronto, Ontario, Canada June 23, 2022.REUTERS/Chris Helgren/File Photo
(Reuters) - Online security and compliance management platform Vanta said on Wednesday it had raised $150 million in a fresh funding round led by venture capital firm Sequoia Capital, giving it a valuation of $2.45 billion.
Companies pursuing artificial intelligence (AI) adoption are attracting the attention of U.S. venture capital firms after a near two-year lull driven by high interest rates and a sluggish exit market for startup investors.
