Anaplan Closes $11.4M Series B Financing

Published On January 19, 2012 |

Anaplan, a San Francisco, California-based provider of a cloud platform designed for business users to rapidly build and maintain strategic, operational and business planning & performance management applications, has closed an $11.4m Series B financing.

Backers include existing investors and new investors Granite Ventures and Shasta Ventures.

The company intends to use the funding, which brings the total mount raised in venture capital to more than $17.5m, to expand its sales force (http://www.anaplan.com/careers/), launch new markets and build its global partner network.

In conjunction with the financing, Standish O’Grady, Managing Director of Granite Ventures, and Ravi Mohan, Managing Director of Shasta Ventures, have joined the board of directors, which already included Haddleton, Gould, and Adrian Kunzle, SVP Products of Salesforce.com.

Founded in 2008 and led by CEO Guy Haddleton, and Chief Architect Michael Gould, Anaplan enables business users to build rich, self-service applications in days not months, without resorting to traditional IT or consulting dependencies
Sample Enterprise Applications currently deployed on the Anaplan Platform include Quota Management, Sales Commission Management, Sales Forecasting, Project Tracking and Profitability, Product Planning, Network Capacity Planning, Budgeting and Cash Management, Call Center Planning and Reporting, Store Profitability and Margin Mix Management, Strategy Planning and Operational Management.

FinSMEs

19/01/2012

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