Anaplan, a San Francisco, CA-based connected planning platform provider, raised $60m in Series F funding round.
The round, which brings total capital raised to $300m and values the company at $1.4 billion, was led by Premji Invest with participation from Salesforce Ventures, Top Tier Capital Partners, and other existing investors Baillie Gifford, Granite Ventures, Industry Ventures, and Meritech Capital.
The company intends to use the funds to scale the sales and customer success organizations, including partner enablement activities, to expand internationally, focusing on key lines of business, and to grow the development team to accelerate product evolution and innovation.
Led by Frank Calderoni, President and CEO, Anaplan provides organizations with cloud solutions to make better-informed plans and decisions and drive faster and more effective planning processes. The company also provides support, training, and planning transformation advisory services.
The company has 18 offices and over 150 expert partners worldwide.