Anaplan

Anaplan is a global cloud-based planning software company headquartered in San Francisco, California.

Anaplan, Inc.
Public
Traded asNYSE: PLAN
Russell 2000 Index component
IndustryEnterprise Performance Management, Software Company
Founded2006 in Yorkshire, England
FounderGuy Haddleton
Sue Haddleton
Michael Gould
HeadquartersSan Francisco, California
Number of locations
13 countries
Area served
Worldwide
Key people
Michael Gould, Guy Haddleton, and Sue Haddleton - Founders
Frank Calderoni, Chief Executive Officer
Dave Morton, Chief Financial Officer
ProductsAnaplan Platform
Websitewww.anaplan.com

Anaplan sells subscriptions for cloud-based business-planning software and provides data for decision-making purposes in areas ranging from finance to human resources.[1][2]

History

In 2006, Anaplan was founded by Guy Haddleton, Sue Haddleton, and Michael Gould in Yorkshire, England.[3]

By the end of 2010, Anaplan had started to gain market traction.[4] In 2012 Anaplan brought on Frederic Laluyaux as CEO.[5] Laluyaux left the company in April 2016.[6]

The company closed a Series B funding in January 2012 with a $11.4M investment coming from Granite Ventures and Shasta Ventures as the lead of investors of this round.[7]

In February 2013 Anaplan acquired its reseller Vue Analytics in U.K. for an undisclosed amount.[8] Anaplan closed its Series C funding in March 2013 with a $33M investment from Meritech, Shasta Ventures, Granite Ventures, Salesforce.com, and additional private investors.[9]

Anaplan announced at its Hub 2014 conference in San Francisco that it has completed a Series D round of $100 million in financing, bringing total investment in the company to $150 million.[10]

In 2015, Anaplan scaled up its cloud platform and updated the user interface.[11][12]

Another round of funding was announced in January 2016, amounting to $90 million, along with confirmation of Anaplan's status as a tech "unicorn," with a valuation of over $1 billion.[13][14][15]

In January 2017 Anaplan appointed Frank A. Calderoni to be CEO.[16] Calderoni took the company public in 2018 with Goldman Sachs and Morgan Stanley as the lead underwriter. On October 12, 2018, Anaplan listed with NYSE for public trading under the ticker symbol PLAN. Anaplan’s value on its first day was over 40 percent above the IPO price.[17]

In November 2019, Anaplan was named to Deloitte Technology Fast 500.[18]

Technology

Anaplan's product is a cloud computing, multi-tenant data architecture SaaS platform with a patented, in-memory calculation engine (the Hyperblock).

Anaplan's Hyperblock architecture is a hybrid of relational, vertical, and OLAP databases with an in-memory data store multi-threaded calculation engine.[19] The Hyperblock automatically records updates at a granular level by amending only the affected cells. As volumes scale, users can instantaneously update or change models.[20] A patent application for the technology was filed on November 19, 2009, and US Patent 8151056B2 was awarded on April 3, 2012.[21]

In November 2014 Anaplan announced the launch of the Anaplan App Hub, a community for Anaplan users to build, share, and deploy planning apps.[22]

User conference

Anaplan has an annual global user conference: Connected Planning Xperience (CPX),[23] formerly known as Anaplan Hub.

References
  1. DeFrancesco, Robert. "Anaplan A Growing Threat As It Shakes Up Business Planning". Forbes. Retrieved 2019-10-18.
  2. Chin, Maureen Farrell and Kimberly. "Anaplan Shares Surge 43% in Debut, Shrugging Off Market Turmoil". WSJ. Retrieved 2019-10-18.
  3. "FSN interviews Guy Haddleton, CEO Anaplan". fsn.co.uk. FSN Publishing Limited. 2011-03-14. Retrieved 2016-12-20.
  4. "FSN ~ Financial Reporting ~ Review of 2011 – a year of surprising innovation". Archived from the original on 2014-01-16. Retrieved 2014-01-15.
  5. Basich, Zoran. "The Daily Start-Up: Aerohive Buzzes With $22.5M Led by IVP Amid Sweet Mobile Connectivity Demand".
  6. "FSN ~ BI, BPM & CPM ~ FSN Interviews Frederic Laluyaux, CEO Anaplan". Archived from the original on 2013-11-06. Retrieved 2013-11-11.
  7. "Anaplan Closes on $11.4M". pehub.com. PE Hub Network. 2012-01-19. Retrieved 2016-12-22.
  8. Nusca, Andrew. "Anaplan acquires reseller Vue Analytics; taps SAP Europe vet – ZDNet".
  9. Rao, Leena. "Business Data Modeling And Planning Software Company Anaplan Raises $33M From Meritech, Shasta And Others".
  10. "Anaplan Raises $100 Million in Series D Financing".
  11. "ANAPLAN UNVEILS UPDATED APP HUB EXPERIENCE FEATURING 100+ INDUSTRY-SPECIFIC APPS – Global Banking And Finance Review Magazine – Financial & Business Insights". www.globalbankingandfinance.com. Retrieved 2017-02-09.
  12. Henschen, Doug. "Anaplan scales up, adds more apps | ZDNet". ZDNet. Retrieved 2017-02-09.
  13. Miller, Ron (2016-01-14). "With $90 Million In New Funding And Unicorn Status, Anaplan Looks Ahead to IPO". techcrunch.com. TechCrunch. Retrieved 2016-12-22.
  14. "Anaplan Valued at $1.1 Billion After $90 Million Pre-IPO Round". 14 January 2016 – via www.bloomberg.com.
  15. Gage, Deborah. "Anaplan Achieves $1.09 Billion Valuation With New Round".
  16. "Anaplan hires CEO ahead of U.S. software firm's 2017 IPO". Reuters. 2017-01-10. Retrieved 2017-02-09.
  17. Wilhelm, Alex (2018-10-12). "Anaplan Soars Over 40% After Pricing IPO At Top Of Raised Range". Crunchbase News. Retrieved 2019-12-10.
  18. Releases, Business Wire News (2019-11-07). "Anaplan Ranked Among Fastest Growing Companies on Deloitte's 2019 Technology Fast 500™ | Financial Post". Retrieved 2020-03-27.
  19. "Taylor Wimpey builds cloud forecasting process with Anaplan".
  20. "bedford".
  21. Updating data within a business planning tool
  22. Miller, Ron. "Anaplan App Hub Wants To Bring Open-Source Sharing Ethos to Financial Planners".
  23. https://www.anaplan.com/connected-planning-xperience/
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