Anodot, a Ra’anana, Israel-based provider of real-time business incident detection solutions, raised $8m in funding.
The round was led by Aleph Venture Capital with participation from Disruptive Technologies LP.
The company, which has raised $12.5m in total funding, intends to use the funds to expand global sales and operations.
Co-founded in 2014 by David Drai, the former CTO of GetTaxi and co-founder of Contendo (acquired by Akamai), Shay Lang, former VP Engineering at Trustwave, and Dr. Ira Cohen, former Chief Data Scientist at HP, Anodot provides a SaaS based platform which leverages machine learning and real-time streaming data to identify, report, and visualize business incidents as they occur, enabling customers – often Business Intelligence analysts serving all aspects of a company’s operations – to effectively manage crises and uncover business opportunities.
In the nine months following launch, dozens of customers, including several Fortune 500 companies, have implemented the product.