Datadog shares rise postmarket on FedRAMP moderate-impact authorization
Datadog (NASDAQ:DDOG) shares edge 1% higher postmarket after DDOG said it received Federal Risk and Authorization Management Program (FedRAMP) authorization at the moderate impact level via sponsorship from the Dept. of Veterans Affairs.
FedRAMP is a U.S. government program that provides a standardized approach to security and risk assessment of cloud services and technologies.

FedRAMP enables the government to accelerate the adoption of cloud computing.
At present, the FedRAMP marketplace lists 40 federal agencies that have granted Datadog authorization to operate.