anecdotes Raises $25 Million for Its Compliance OS Platform
Compliance solutions provider anecdotes this week announced that it has raised $25 million in Series A funding, which brings the total investment in the company to $30 million.
The new funding round was led by Red Dot Capital Partners and received participation from Aleph, Glilot Capital Partners, Shasta Ventures, and Vintage Investment Partners.
anecdotes provides an operating system designed to cover all of an organization’s compliance needs, at all stages of any compliance journey.
The Compliance OS platform was designed to collect and map data from various sources, including the cloud, and use that data to power applications covering various compliance aspects, including audit management, policies, and risk analysis.
In addition to helping organizations meet internal and external audits, the platform also provides visibility and the necessary intelligence so that organizations can scale their compliance programs to keep up with their growth.
The new funding will enable anecdotes to continue building new applications for its platform, to support the needs of fast-growing organizations.
Founded in 2020, anecdotes is headquartered in San Francisco, California, and has research and development offices in Tel Aviv, Israel.