Anaplan has announced that it has expanded its $30-million Series C funding round by $3 million. Joining initial Series C investors Meritech Capital Partners, Granite Ventures and Shasta Ventures, salesforce.com and a range of other private investors are contributing additional funds. The additional funds will enable Anaplan to fuel its aggressive global expansion plans and to accelerate the development of its innovative planning and modelling technology.
With its patented HyperBlock technology, Anaplan delivers a game-changing platform that is used every day by some of the largest companies in the world, including McAfee, Diageo, Kimberly-Clark Eastern Europe and Pandora. These top-performing companies utilize the immediacy, power, and connectivity of Anaplan across many industries and use cases, including long-range planning, territory and quota management, strategic workforce planning, and IT performance management.
“This additional backing by strategic investors further validates our position in the market and provides a foundation for deeper partnership. It confirms the business value of our technology and serves as further proof that we’re quickly becoming a major player in the enterprise cloud,” said Fred Laluyaux, CEO, Anaplan.
Anaplan has seen demand for its innovative cloud software to grow rapidly, as new customers continue to take advantage of its solutions to model and plan their businesses.
