From: RegTech Analyst
Data compliance startup Anecdotes has picked up $5m in new funding in an investment round co-led by Aleph and Glilot Capital.
Anecdotes will use the money to accelerate the adoption of its platform.
“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 Yair Kuznitsov, co-founder and CEO at Anecdotes.
“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.”
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