anecdotes, a San Francisco, CA-based first operating system (OS) for Compliance, announced $25 million 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.
The funding will primarily be used to continue the development of new applications for anecdotes’ Compliance OS platform, specifically tailored to the needs of fast-growing companies.
As part of this round, Barak Salomon and Atad Peled of Red Dot will also join anecdotes’ Board of Directors.
Company: anecdotes A.I Ltd
Raised: $25.0M
Round: Series A
Funding Month: February 2022
Lead Investors: Red Dot Capital Partners
Additional Investors: Vintage Investment Partners, Shasta Ventures, Glilot Capital Partners, and Aleph
Company Website: https://www.anecdotes.ai/
Software Category: Compliance OS
About the Company: anecdotes is the first operating system (OS) for every stage of a business’s compliance journey. It reshapes the way the cloud-powered world thinks about security Compliance, transforming it from a box-ticking exercise into a powerful driver of growth for scale-ups, publicly traded companies, and everything in between. 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 impressive growth. anecdotes headquarters in San Francisco, California, and R&D offices in Tel Aviv, Israel.
Source: https://www.anecdotes.ai/pr-articles/anecdotes-secures-25m-in-series-a-funding-for-first-compliance-os