LeanIX, a Bonn, Germany-based provider of Software-as-a-Service solutions in Enterprise Architecture (EA) Management, closed $30m in Series C funding.
The round, which brought total funding to nearly $40m since its founding in 2012, was led by Insight Venture Partners, with participation from previous investors DTCP (Deutsche Telekom Capital Partners), Capnamic Ventures, and Iris Capital. In conjunction with the funding, Insight Venture Partners Principal, Teddie Wardi, will join the LeanIX board of directors.
The company intends to use the funds to accelerate growth in the U.S. and continued product innovation.
Founded in 2012 by André Christ and Jörg Beyer, LeanIX offers a Software-as-a-Service (SaaS) application for Enterprise Architecture (EA), which enables organizations to make data-driven decisions. Hundreds of global brands such as Adidas, DHL, Merck, Vodafone, and Zalando use the software to increase transparency, visibility and drive real-time efficiencies. Use cases include application rationalization, technology risk management, and the shift from monolithic architectures to microservices.
Strategic partnerships include Deloitte, ServiceNow, and PwC, among others.
The company has offices in Boston, Massachusetts and Houston, Texas.