Tel Aviv-based anecdotes, a startup that is building an 'enterprise-grade' compliance solution, has secured $5 million in seed funding in a round co-led by Aleph and Glilot Capital partners.
Also worth noting: the round saw participation from Gerhard Eschelbeck, the former CISO of Google, and Ron Zoran, former CRO of Cyberark.
With the new funding, the startup aims to make waves in the infosec compliance market.
In essence, anecdotes aims to provide enterprises with a SaaS platform that features automated evidence collection from multiple sources in cloud environments and SaaS products, and whati t calls 'seamless data normalisation'.
"We were well aware of the need for our solution, but the response far exceeded our expectations from day one, with several major companies overburdened with compliance issues requesting immediate onboarding," said anecdotes co-founder and CEO Yair Kuznitsov. "This funding isn’t just a big vote of confidence from VCs and industry experts, it’s also a crucial step to enable us to quickly help more enterprises in a market with an urgent need for our solution.The status quo is costing a tremendous amount of time and money, which we’re able to drastically reduce while ensuring brands’ trustworthiness and security."
Kuznitzuv co-founded the company together with Roi Amior (CPO) and Eitan Adler (CTO).
According to its LinkedIn page, anecdotes is already working with a number of big Israeli-founded organisations, including Lemonade, Fiverr and AppsFlyer.