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Cloud computing business software company: Anaplan Inc. (PLAN)

Anaplan Inc. (NYSE: PLAN) was founded in 2006, formerly known as Anaplan, LLC, and changed to its current name in July 2009. It is headquartered in San Francisco, California, and has 1,102 full-time employees (7/31/2018). A cloud computing business software company, known as the Excel killer, competes with Microsoft Excel through an application based on cloud computing.

Anaplan

Anaplan Inc. (PLAN):

Anaplan is a cloud-based business planning and performance management platform. Based on a single center, business users can create and use models in it. The company was founded in the UK and is now headquartered in San Francisco.

Anaplan hopes that people can use electronic spreadsheets through cloud computing. It provides an advanced financial planning and modeling tool that is as easy to use as spreadsheets and can do tasks that Excel can’t complete, such as teamwork. It also provides a series of modular preset tools to help companies track sales, capital expenditures, profit scale and employees, etc. For example, users can see what impact the addition of more employees will have on sales, and will affect a certain business department The impact of the profit.

After Anaplan hired Frederic Laluyaux from software giant SAP as CEO, the company began to grow. In May 2014, the company received an investment of 100 million US dollars in the D round of financing. At that time, the valuation had exceeded 1 billion US dollars and became a unicorn. Human resources cloud service companies Workday and Salesforce.com participated in this round of investment. Workday co-CEO Aneel Bhusri (Aneel Bhusri) is also the venture capitalist of Greylock Ventures. He also invested in Tidemark, an important competitor of Anaplan. But now Busri is no longer a member of Tidemark’s board of directors. I don’t know if it is because of a conflict of interest.

In December 2017, Anaplan received an investment of US$60 million in the F round of financing, which valued the company at US$1.41 billion. Anaplan was already a “unicorn” company, but it has been in poor condition recently. The company’s business is aimed at enterprise software giants such as SAP and Oracle . Up to this round, Anaplan’s total financing is 300 million US dollars. The latest round of financing is similar to the previous rounds, led by the investment fund Premji Invest, an investment fund under the Indian billionaire Azim Premji (Azim Premji). Premji is the founder of Indian IT outsourcing giant WiPo. Previous investors, including Salesforce Ventures and Top Tier Capital, also participated in the latest round of Anaplan financing.

Anaplan Inc. (PLAN) History:

  • In 2006, Guy Haddleton and Michael Gould founded a company in the UK.
  • In October 2010, the company officially opened for business.
  • Frederic Laluyaux became the company’s CEO in 2012, and then resigned in 2016.
  • In January 2012, Anaplan completed a $11.4 million Series B financing, led by Granite Ventures and Shasta Ventures.
  • In March 2013, Anaplan completed a $33 million Series C financing, led by Meritech, Shasta Ventures, Granite Ventures, Salesforce.com.
  • In 2014, Anaplan completed a series D financing of 100 million US dollars, led by DFJ Growth.
  • In 2016, Anaplan completed a new round of E-round financing and received US$90 million. The investment was led by PremjiInvest, and the company was officially newly promoted to a unicorn company.
  • In January 2017, Frank A. Calderoni became CEO.
  • In December 2017, Anaplan received a US$60 million investment in its F round of financing, led by investment fund Premji Invest under the Indian billionaire Azim Premji (Azim Premji).

Anaplan Inc. (PLAN) investment:

Anaplan Inc. (NYSE: PLAN) submitted its IPO prospectus on 9/14/2018 and listed on the New York Stock Exchange on 10/12/2018. The planned issue price is US$13.00-15.00, the actual issue price is US$17, and 15.5 million shares are issued. Raised funds of 263.5 million US dollars, underwritten by Goldman Sachs/ Morgan Stanley/ Barclays.

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