Vanta goes global
2022 has been a banner year for Vanta. We became a unicorn after raising $110m in Series B funding, surpassed 250 employees, and more than tripled our customer base. A growing number of those customers are outside the U.S. as global demand for security and compliance soars.
Today we’re thrilled to announce our latest milestone: We’re expanding our international presence with a new European headquarters in Dublin and growing our team in Sydney. We’re hiring dozens of full-time employees in both locations over the next year.
Putting our customers first
Putting customers first is at the heart of what we do at Vanta. Hundreds of European startups like incident.io (UK), Belvo (Spain), and IterationX (France) already rely on Vanta to remain secure and compliant. Incident.io uses Vanta’s automated compliance and Trust Reports as levers for transparency. We doubled our customer count in Europe this year, and are continuing to grow across the board.
In order to better serve the complex security and compliance environment in various regions, we have extended our sales and marketing teams operating in Europe and Australia. We hired locally, first bringing our support and customer success functions to Europe and Australia, followed by leadership hires, and now, building a go-to-market team.
Localized product experience
From a product perspective, our first priority is rolling out localized end user onboarding. Vanta’s platform is now available in Spanish -- our most requested non-English language -- and additional language translations are in the works. This will help companies onboard employees whose native language is not English.
Why is Vanta expanding at a time when so many other tech startups are cutting back? Increasingly, compliance has become a competitive advantage for companies that need to unlock new business in a downturn.
Security from the start
Sephora and Meta were recently hit with steep fines for violating compliance laws (CCPA in California and GDPR in Europe) — the latest example of large companies struggling to retrofit their businesses around a patchwork of global data privacy rules. Many smaller businesses can’t afford large compliance teams, yet they’re subject to the exact same regulations (and fines if they screw up). Vanta allows them to automate security and compliance monitoring without the high overhead cost.
There’s a huge incentive to invest in compliance. As companies seek new revenue streams by selling to bigger customers or new international markets, they must prove they’re compliant with a slew of different security certifications and data privacy standards for customers to even consider them.
Index Ventures found that European startups ranked access to customers as their top reason for entering the US market, but now they’re delaying their expansion into the US until they have bigger teams and deeper pockets. Traditionally, a major obstacle has been the high cost and complexity of global data privacy regulations.
Vanta eliminates those barriers and levels the playing field by making it easy for companies on both sides of the Atlantic to prove they’re compliant with GDPR, HIPAA, SOC 2, ISO 27001, etc. We’re also excited to be the first platform to support 10 new international security standards including NIST CSF, ISO 27701, MVSP, FedRamp, and several others. These frameworks serve as part of a solution to accelerate the growth of and help mitigate risks to your business.
I’m so thrilled to be at Vanta and can’t wait to see what is in store for the international market in 2023.
About the author: Paulo Rodriguez, Head of International, is leading Vanta's International growth by building teams in EMEA and APAC.
PCI Compliance Selection Guide
Determine Your PCI Compliance Level
If your organization processes, stores, or transmits cardholder data, you must comply with the Payment Card Industry Data Security Standard (PCI DSS), a global mandate created by major credit card companies. Compliance is mandatory for any business that accepts credit card payments.
When establishing strategies for implementing and maintaining PCI compliance, your organization needs to understand what constitutes a Merchant or Service Provider, and whether a Self Assessment Questionnaire (SAQ) or Report on Compliance (ROC) is most applicable to your business.
Answer a few short questions and we’ll help identify your compliance level.
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Identify your PCI SAQ or ROC level
The PCI Security Standards Council has established the below criteria for Merchant and Service Provider validation. Use these descriptions to help determine the SAQ or ROC that best applies to your organization.
Good news! Vanta supports all of the following compliance levels:
A SAQ A is required for Merchants that do not require the physical presence of a credit card (like an eCommerce, mail, or telephone purchase). This means that the Merchant’s business has fully outsourced all cardholder data processing to PCI DSS compliant third party Service Providers, with no electronic storage, processing, or transmission of any cardholder data on the Merchant’s system or premises.
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A SAQ A-EP is similar to a SAQ A, but is a requirement for Merchants that don't receive cardholder data, but control how cardholder data is redirected to a PCI DSS validated third-party payment processor.
Learn more about eCommerce PCI
A SAQ D includes over 200 requirements and covers the entirety of PCI DSS compliance. If you are a Service Provider, a SAQ D is the only SAQ you’re eligible to complete.
Use our PCI checklist
A Report on Compliance (ROC) is an annual assessment that determines your organization’s ability to protect cardholder data. If you’re a Merchant that processes over six million transactions annually or a Service Provider that processes more than 300,000 transactions annually, your organization is responsible for both a ROC and an Attestation of Compliance (AOC).
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