anecdotes Adds Industry Veteran Prabhath Karanth to its Advisory Board

anecdotes team
May 15, 2024

Continued growth, innovation, and expansion of advisory board positions anecdotes for momentous year following strong 2021 close

PALO ALTO, Calif.--(BUSINESS WIRE)--As the spotlight and emphasis on Compliance grows stronger in today’s risk-filled market, anecdotes – the leading Compliance OS – is continuing to innovate, automate, and effectively transform the world of Security Compliance. Today, the company announced another strong close for the business in Q4 2021, rounding out a pivotal growth period and positioning the brand for significant momentum in 2022.

These achievements include:

  • A 130% increase in revenue between Q3 and Q4, a 175% growth in hypergrowth and post-IPO customers–who include brands like SimilarWeb, Fiverr, and Riskified–and more than a 50% increase in employees, predominantly located in the critical U.S. market
  • A new total of 69 deep integrations across identity providers, security, collaboration, development tools, ticketing, cloud infrastructure, HR, and others – with more on the horizon
  • And the bolstering of its Professional Advisory Board with the appointment of the internationally renowned information security expert and current Head of Security Compliance & Assurance for TripActions, Prabhath Karanth

“We’re thrilled to bring Prabhath aboard,” said Yair Kuznitsov, CEO and co-founder of anecdotes. “His arrival truly comes at a great time in this journey we’re on, and while we’re proud of our accomplishments over the last 12 months, we’re excited for even more success this year—and we believe that Prabhath’s deep domain expertise in cloud security, compliance certifications, data governance and numerous relevant areas will make him an invaluable advisor as we work against our ambitious goals.”

With 15+ years of technical and leadership experience that spans across hyper-growth startups, Fortune 50, and big 4 consulting firms, Karanth’s track record in solving major security and business problems will serve him well as a member of anecdotes’ Board.

“Whether unicorn, post-IPO, or hypergrowth startup, Compliance programs should never remain rudimentary, stagnant, or serve as an afterthought for business leaders,” said Prabhath Karanth. “Considering that Compliance is increasingly becoming a non-negotiable for investors, prospects, and customers, it’s imperative that executives take their strategies seriously, weave Compliance and security together into the fabric of their operations, and ensure that those programs evolve simultaneously alongside their growth. The anecdotes Compliance OS is the only solution that truly addresses these needs, using data to offer the flexibility, customization, and scalability to action integrated and adaptive Compliance programs. I look forward to working with anecdotes to continue helping companies establish Compliance as an overall business driver instead of barrier.”

About anecdotes
anecdotes enables cloud oriented companies to turn Security Compliance into a strategic business driver. With the anecdotes Compliance OS, fast growing companies have a centralized hub for all of their Compliance processes, where they can enhance trust with customers and partners, and grow their business with ease.

Trusted by global brands like SimilarWeb, Fiverr, and Riskified, and backed by top VCs, companies turn to anecdotes to mature and scale their Compliance programs.

anecdotes is headquartered in Tel Aviv and has offices in Palo Alto and New York.
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