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.