anecdotes, a Palo Alto, CA-based enterprise GRC (Governance, Risk and Compliance) technology company, raised $25M in Series B funding.
The round was led by Glilot Capital Partners, with participation from existing investors Red Dot Capital Partners, Vintage Investment Partners, and Shasta Ventures, with participation from Vertex and DTCP.
The company intends to use the funds to introduce new data-driven innovations to the GRC landscape, such as the anecdotes AI Toolkit which provides a comprehensive list of risks, controls and policies to securely integrate Generative AI capabilities, accelerate expansion into markets across the US, EMEA, and APAC regions, and enhance engagement of its partnerships with Deloitte, Coalfire, Google as well as many others.
Founded in 2020 by Yair Kuznitsov and Roi Amior with offices in New York, San Francisco and Tel Aviv, anecdotes provides a Compliance Operating System that streamlines data collection into modern GRC applications, addressing diverse compliance and risk needs and capitalizing on its flexibility thanks to proprietary integrations with widely used enterprise platforms such as Azure, PagerDuty, Datadog etc. Capabilities include an Analysis Engine and Playbooks that empower each of the existing and new GRC applications, GenAI toolkit, frameworks, audit, policy and risk management, user access review, and more.
Since its last funding round, anecdotes has expanded its technology partnerships, now featuring over 120 integrations with essential platforms in identity, security, collaboration, ticketing, and cloud infrastructure. The firm’s presence on key marketplaces like Google Cloud Marketplace and Amazon Web Services amplifies its reach. Additionally, anecdotes has broadened its ecosystem, establishing relationships with dozens of channel partners and advisory firms.
The company’s customer base now includes names such as Lifelabs, Snowflake, Coinbase, Aristocrat, SoFi, Grafana, Payscale, and more.
FinSMEs
09/01/2024