Anaplan Raises Additional $3M in Series C Round

Anaplan, a San Francisco, CA-based provider of cloud-based modeling and planning solutions for finance and operations, raised an additional $3m to its $30m Series C funding round (read here).

Backers and other private investors, which joined initial Series C investors Meritech Capital Partners, Granite Ventures and Shasta Ventures.

The company intends to use the additional funds accelerate its global expansion plans and the development of its planning and modeling technology.

Led by CEO Fred Laluyaux, Anaplan provides a cloud-based in-memory modeling and planning platform for finance, sales, and operations. Its applications enable business users across organizations to dynamically test and operationalize their plans, manage complex multidimensional models, collaborate across functions and regions, and share insights and content via the built-in community.
The company and its partners have introduced a series of packages for finance, marketing, operations, human resources, as well as a complete sales performance management applications suite, which includes quota, territory and commissions management, real-time quote, and price optimization.

Anaplan’s platform is used by large companies including McAfee, Diageo, Kimberly-Clark Eastern Europe and Pandora.



Join the discussion