Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

ANAPLAN RAISES $90 MILLION AND APPOINTS JAMES BUDGE AS CHIEF FINANCIAL OFFICER

ANAPLAN RAISES $90 MILLION AND APPOINTS JAMES BUDGE AS CHIEF FINANCIAL OFFICER

Anaplan, the enterprise planning cloud company, today announced a funding round of $90 million. Premji Invest led the investment, supported by Baillie Gifford, Founders Circle Capital, and Harmony Partners, as well as Anaplan’s current investors*. The company also announced the appointment of James Budge, former Genesys and Rovi CFO and COO, as its Chief Financial Officer.

Anaplan will use the funds to fulfill increasing global demand for its cloud-based business planning and modeling platform.

“Premji Invest is thrilled to lead this investment round because we have seen a broad range of companies around the world transform their businesses with Anaplan’s agile planning and modeling platform,” said Sandesh Patnam, Partner and Lead U.S. Investor, at Premji Invest. “Anaplan is a game changer because it enables companies to not only make processes faster and easier, but also fundamentally change the way their people work and make decisions.”

Anaplan also announced the appointment of James Budge as CFO. Budge brings to Anaplan more than 20 years of Silicon Valley leadership in private and public companies. Most recently at Genesys, he led global finance, corporate development, legal, HR, and IT. “With the significant momentum the company has achieved to date, I am delighted to join Anaplan to oversee our continued growth,” said Budge.

Anaplan President and CEO Fred Laluyaux said, “We are thrilled to welcome our new investors and James to the company. With James’ tremendous track record we now have an outstanding finance executive on our team to guide our continued growth,” said Laluyaux.

Anaplan has become the worldwide leader in cloud-based, enterprise-wide planning and modeling and is one of the fastest-growing SaaS companies in recent years. Laluyaux elaborated on why demand is surging: “Every day we meet executives across the world expressing urgency to become numbers driven in the strategic and tactical decisions they make. But they are stuck using technologies that were designed 30 or more years ago in another era where today’s business challenges didn’t exist. They are deploying Anaplan into every area of their business—Finance, Sales, Marketing, HR, Supply Chain, Operations, and IT—because Anaplan’s platform and apps enable a radically new approach to how businesses plan, execute, simulate changes, and rapidly course-correct their operations.”

Allen & Company LLC served as financial adviser to Anaplan on this latest round of financing.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post