anecdotes Secures $25M in Series A Funding

anecdotes, a San Francisco, California-based operating system (OS) for Compliance, raised $25m in Series A funding.

The round was led by Red Dot Capital Partners, with participation from Vintage Investment Partners, Shasta Ventures, Glilot Capital Partners, and Aleph. As part of this round, Barak Salomon and Atad Peled of Red Dot will also join anecdotes’ Board of Directors.

The company intends to use the funds to continue the development of new applications for its Compliance OS platform.

Led by Yair Kuznitsov, co-founder and CEO, anecdotes is an operating system (OS) for every stage of a business’s Compliance journey. Its platform continuously collects and maps data from dozens of the most often-used systems and tools, including AWS, Snowflake, Cloudflare, GitHub, Datadog, and more. That data is then leveraged to power various applications for virtually any Compliance need (e.g., audit management, risk analysis, policies, and customer evidence). Through customized controls and frameworks, including those based on previous and ongoing requirements, companies can seamlessly meet internal and external audits and have the visibility, flexibility, and data-backed intelligence to simultaneously scale their Compliance programs against their own impressive growth. With a variety of applications powered by verified data, Compliance leaders can turn manual, time-consuming, and siloed tasks into an automated, continuous, and strategic Compliance journey. Brands such as Fiverr, SimilarWeb, Riskified, and more use anecdotes.

anecdotes has headquarters in and R&D offices in Tel Aviv, Israel.

FinSMEs

23/02/2022