Anodot Press Page 16

September 26, 2016

Anodot Expands Global Presence With European Office

Business Incident and Anomaly Detection Company Extends International Reach with New Office in Germany (Sunnyvale, CA and Ra’anana, Israel, September 26, 2016) – Anodot, the real time business incident detection and analytics company, announced today the opening of its new office in Munich, Germany.  Anodot is currently in the process of hiring European staff and will utilize the location to handles sales and customer engagement for regional clients. Anodot has been rapidly expanding its global operations following the addition of dozens of clients in just months after launching. This European office opening immediately follows Anodot’s $8 million funding announcement, which is being used to expand the company’s sales and meet demand for its service. “Anodot is already providing companies -- from online startups to Fortune 500 companies -- real-time business incident detection that is the first of its kind, and our new office in Germany is the next stage in our continued growth,” said David Drai, CEO and co-founder of Anodot.  “With our expanded presence in Europe, in addition to our presence in Silicon Valley and in Israel, we can ensure that we remain at the forefront of our field and enable new and existing clients the real-time streaming analytics which enables them to drive growth and prevent issues from becoming crises.” Anodot brings machine learning and real-time streaming data together to identify, report, and visualize business incidents as they occur, enabling its customers – often Business Intelligence analysts serving all aspects of a company’s operations – to quickly and effectively manage crises and uncover business opportunities. Instead of the usual days or weeks it currently takes companies to detect and understand data anomalies, Anodot’s SaaS solution is capable of identifying and notifying customers about issues in mere minutes. About Anodot: Anodot provides valuable business insights through anomaly detection.  Automatically uncovering outliers in vast amounts of time series data, Anodot's real time business incident detection uses patented machine learning algorithms to isolate and correlate issues across multiple parameters in real time, supporting rapid business decisions. Anodot customers in fintech, ad-tech, web apps, mobile apps and other data-heavy industries use Anodot to drive real business benefits like significant cost savings, increased revenue and upturn in customer satisfaction. The company was founded in 2014, is headquartered in Ra'anana, Israel, and has offices in Silicon Valley and Europe.  Learn more at:  www.anodot.com.  
September 22, 2016

BI Firm Anodot Scores $8 Million To Try And Answer The Questions You Haven’t Thought Of Yet

September 22, 2016

Israeli business intelligence startup Anodot raises $8 million

September 22, 2016

Israeli anomaly detection co Anodot raises $8m

September 22, 2016

Anodot Raises $8 Million Funding To Prevent Billions Of Dollars In Losses With Real Time Business Incident Detection

Anodot Brings Real-Time Anomaly Detection and Machine Learning to Data-Driven Companies Enabling the Rapid Detection of Potential Crises and Opportunities (Sunnyvale, CA and Ra’anana, Israel, September 22, 2016) – Anodot, the real time business incident detection and analytics company, today announced $8 million in funding led by Aleph Venture Capital with participation by Disruptive Technologies L.P., bringing Anodot’s total funding to $12.5 million. The funds will be used to expand the company’s global sales and operations and meet demand for its service. In the nine months following Anodot’s launch, dozens of customers, including several Fortune 500 companies, have already implemented the product to prevent crises and drive revenues. Anodot was co-founded by David Drai, the former CTO of GetTaxi and co-founder of Contendo (acquired by Akamai), Shay Lang, former VP Engineering at Trustwave, and Dr. Ira Cohen, former Chief Data Scientist at HP. Anodot brings machine learning and real-time streaming data together to identify, report, and visualize business incidents as they occur, enabling its customers – often Business Intelligence analysts serving all aspects of a company’s operations – to quickly and effectively manage crises and uncover business opportunities. Instead of the usual days or weeks it currently takes companies to detect and understand data anomalies, Anodot’s SaaS solution is capable of identifying and notifying customers about issues in mere minutes. With Anodot, BI analysts and others can be warned of breakdowns or opportunities before they learn about them the hard way, from customer complaints or lost revenue. For example, an ad tech client uses Anodot to maintain bid health among its trillions of bid requests, ensuring nothing gets dropped along the way, improving customer satisfaction. A fintech customer uses Anodot to track -- among other things -- page performance for its hourly service roll-outs, and is able to reduce the time to identify business incidents from days to minutes. Anodot customers have access to real-time analytics that use machine learning to correlate incidents to best understand the root cause. “Today’s digital businesses operate in dynamic environments, but Business Intelligence analysts are hampered by their existing static tools, so they are the last to know when something happens that can impact their business. As a former CTO, I’ve seen how the inability to identify business incidents and delayed reactions can turn manageable issues into major crises, from the extended time it takes to recognize an issue to the even longer period necessary to understand the cause,” said David Drai, CEO and co-founder of Anodot. “Our patented algorithms automatically learn the normal behavior of any time series data - MixPanel, Google Analytics, Graphite, and so on - and then rapidly identify anomalies which typically indicate business incidents. Seasonality is a huge challenge for the industry, and the subtle changes that wouldn’t trigger static thresholds are caught by Anodot.” “The promise of Big Data and Business Intelligence is vast, but so few companies have unlocked its potential. Anodot is channeling the most advanced machine learning algorithms to make Business Intelligence real-time and its potential impact is enormous,” said Eden Shochat, Founder & Partner at Aleph. “Aleph is focused on finding companies who rethink stagnant industries that are ripe for change, and we’re thrilled to be joining Anodot on their journey.” “From the beginning, we believed in Anodot’s vision of revolutionizing the BI market, and Anodot continues to move the needle for businesses looking for the best analytic capabilities,” said Tal Barnoach, General Partner at Disruptive “Disruptive is committed to finding disruptive ideas, technologies and products that change existing habits and the way users interact with products, and Anodot is a great fit for this mission.” About Anodot Anodot provides valuable business insights through anomaly detection. Automatically uncovering outliers in vast amounts of time series data, Anodot's real time business incident detection uses patented machine learning algorithms to isolate and correlate issues across multiple parameters in real time, supporting rapid business decisions. Anodot customers in fintech, ad-tech, web apps, mobile apps and other data-heavy industries use Anodot to drive real business benefits like significant cost savings, increased revenue and upturn in customer satisfaction. The company was founded in 2014, is headquartered in Ra'anana, Israel, and has offices in Silicon Valley. Learn more at: www.anodot.com. About Aleph Aleph is a $150 million early stage fund, which partners with Israeli entrepreneurs looking to build companies that are scalable, global change agents. Since its founding three years ago, Aleph has quickly become one of Israel's leading venture funds and is a well-recognized brand in Silicon Valley as well. To date, Aleph has made 12 investments including Wework, Windward, Nexar, Lemonade, Colu, Freightos, and Honeybook. About Disruptive Technologies L.P. Disruptive is an early stage fund that has invested to date in 14 companies. Our mission is to partner with great entrepreneurs to build companies and drive them forward - from infancy stage into category leaders. We have pioneered the industry’s post-seed investment phenomena, investing in early stage companies from seed to Round A. Learn more at: http://www.disrupt-ive.com/. Contact: Marissa Shapiro [email protected] 914-336-4051
August 17, 2016

A Real-Time Analytics Tool Keeps Business Running

July 10, 2016

Anodot Big Data Business Incident Detection

June 16, 2016

Gartner Names Anodot a “Cool Vendor”

June 16, 2016

Credit Karma Selects Anodot to Detect Anomalies in Real Time