Adaptive Planning Lands $22,000,000 New Financing Round

  • Feed Type
  • Date
    3/14/2012
  • Company Name
    Adaptive Planning
  • Mailing Address
    2041 Landings Drive Mountain View, CA 94043
  • Company Description
    Adaptive Planning is the leading provider of on-demand budgeting, forecasting, reporting and analytics applications. Adaptive Planning makes it easy for small to mid-size companies to move beyond spreadsheets to a full-featured planning solution for 1/5 the cost of traditional enterprise planning applications.
  • Website
    http://www.adaptiveplanning.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $22,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Adaptive Planning will use the new capital to accelerate growth in sales and marketing, product development, and new channels and markets.
  • M&A Terms
  • Venture Investor
    Norwest Venture Partners
  • Venture Investor
    ONSET Ventures
  • Venture Investor
    Cardinal Venture Capital
  • Venture Investor
    Monitor Ventures