Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

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.