SaaS for Enterprise Architecture company LeanIX secured $80 Million

LeanIX

LeanIX, a Germany based provider of Software-as-a-Service for the Enterprise Architecture, secured an $80 million in Series D funding round.

LeanIX was founded by Andre Christ in 2012. It is a provider of SaaS for the Enterprise Architecture. The company is now working with 300 international customers, with 40% of the total sales already generated in the American Market.

Executive Opinion

AndrĂ© Christ, LeanIX CEO & Co-Founder, said, "LeanIX is like Google Maps for a company’s IT landscape: We provide information in the appropriate context to determine the exact location and to plan the future journey in a way the business understands. Looking at future states of your architecture should be as simple as jumping to a point in time in your backup with a time machine. Due to its high usability and seamless integrations with other data sources, fast-growing businesses like Atlassian, Dropbox, and Mimecast have also kick-started their EA practices."

Christian Resch, Managing Director at Goldman Sachs Growth, said, "LeanIX is a thought leader in Enterprise Architecture. We were impressed by the company’s revenue growth, the positive customer feedback, and its visionary concept: LeanIX develops software solutions to reduce complexity in IT application landscapes. Importantly, LeanIX’s software helps companies with their transition to, and maintenance of, both the cloud and modern microservices architecture."

LeanIX latest funding

The round which brought the total funding brought to $120 million was backed by Goldman Sachs Growth with active participation from the DTCP, Insight Partners, Iris Capital, and Capnamic Ventures.

Post funding, Alexander Lippert, Vice President at Goldman Sachs Growth, will join as the company Board of Directors team.

The company, as of now, has plans to use the new funding to continue its international growth and to further develop its complementary solutions for cloud governance.
PC: Pablo, Pixabay

Note: We at TechSutram take our ethics very seriously. More information about it can be found here.
Udit Agarwal Opinions expressed by techsutram contributors are their own. More details

Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

No comments:

Post a Comment

    Your valuable comments are welcome. (Moderated)