Anaplan, a San Francisco, CA-based provider of a business planning and execution platform, completed a $100m Series D financing.
The company, which has now raised $150m, will use the funds to continue to expand operations through investments in engineering, go-to-market, and its partner ecosystem.
The round was led by DFJ Growth, with participation from Brookside Capital, Coatue Management, Sands Capital Management, and Workday (NYSE: WDAY), as well as current investors Granite Ventures, Meritech Capital Partners, salesforce.com, and Shasta Ventures. In conjunction with the funding, Randy Glein, Managing Director at DFJ Growth, will join Anaplan’s Board of Directors.
Led by Fred Laluyaux, CEO, Anaplan provides companies with a cloud-based business planning and execution platform to plan, collaborate and act-in real time across their businesses. Users (such as global organizations, including Diageo, HP, Kimberly-Clark, and Procter & Gamble) can continuously align people, plans and spend to market opportunities.
Use cases include Territory & Quota planning, Trade Promotion optimization, Integrated Business Planning, and Financial Consolidation.