Anaplan, chaired by a Frenchman, raises $ 100 million for its cloud planning solution

by bold-lichterman

Company hopes to break even by cushioning costs as it grows

anaplanCalifornia-based Anaplan has just raised $ 100 million from DFJ Growth as a leader, and Brookside Capital, Coatue Management, Sands Capital Management and Workday. This operation brings to 150 million the total amounts raised by the company since its creation in 2006.

The cloud modeling and strategic planning specialist wishes to take advantage of this investment to strengthen its position in the sector, attract new talent and develop its partnerships. “Just as Salesforce has become a platform for customer relationship management, human resources and finance, we believe Anaplan is on its way to becoming the leader and benchmark platform for planning and development. ‘cloud execution in business’ explains Randy Glein of DFJ Growth who is joining the board.

Based in San Francisco, Anaplan is growing – its workforce has grown from 35 employees in July 2012 to nearly 200 today – significant and last year extended its services to new countries including France, the Netherlands , Russia or Malaysia. Although unprofitable, Frederic Laluyaux, ex-Business Objects and SAP, its president since July 2012, declared hope achieve equilibrium by reducing costs with its expansion.