ⓘ Anaplan

                                     

ⓘ Anaplan

Anaplan is an American cloud-based planning software company headquartered in San Francisco, California, with operations in over 13 countries, 175 partners, and more than 1.350 customers worldwide.

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. History

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

By the end of 2010, Anaplan had started to gain market traction. In 2012 Anaplan brought on Frederic Laluyaux as CEO, attracted new funding, and expanded. Laluyaux left the company in April 2016.

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.

In February 2013 Anaplan acquired its reseller Vue Analytics in U.K. for an undisclosed amount, with the goal to strengthen its market position in Europe, Middle East and Africa. 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.

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. Lead investor of this round was DFJ Growth.

In 2015, Anaplan scaled up its cloud platform and updated the user interface. In 2016, the company updated its App Hub, added platform enhancements, and improved tools for app-builders.

Another round of funding was announced in January 2016, amounting to $90 million, along with confirmation of Anaplans status as a tech "unicorn," with a valuation of over $1 billion. Lead investor of this Series E investment was PremjiInvest.

In January 2017 Anaplan appointed Frank A. Calderoni to be CEO. 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.

                                     

2. Technology

Anaplans product is a cloud computing, multi-tenant data architecture SaaS platform with a patented, in-memory calculation engine the Hyperblock.

Anaplans Hyperblock architecture is a hybrid of relational, vertical, and OLAP databases with an in-memory data store multi-threaded calculation engine. 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. A patent application for the technology was filed on November 19, 2009, and US Patent 8151056B2 was awarded on April 3, 2012.

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

                                     

3. User conference

Anaplan has an annual global user conference: Connected Planning Xperience CPX, formerly known as Anaplan Hub. The Anaplan community, including customers, prospects, partners, and Anaplan employees, come together for training, breakout sessions, keynotes, product announcements, and technical education.

In 2014 Anaplan expanded the Hub conference beyond its flagship event in San Francisco to include a world tour. The CPX tour now includes conferences in London, Paris, Singapore, and Tokyo.