Anaplan, an enterprise planning cloud company, has raised a $90 million funding round at a reported valuation of $1.09 billion. Premji Invest led the round, with support from Baillie Gifford, Founder Circle Capital and Harmony Partners, as well as current investors. “Premji Invest is thrilled to lead this investment round because we have seen a broad range of companies around the world transform their businesses with Anaplan’s agile planning and modeling platform,” said Sandesh Patnam, Partner and Lead U.S. Investor, at Premji Invest. “Anaplan is a game changer because it enables companies to not only make processes faster and easier, but also fundamentally change the way their people work and make decisions.”
Data platform provider Looker has closed a $48 million Series C funding round led by Kleiner Perkins Caufield & Byers. Previous investors Redpoint ventures, Meritech and Sapphire Ventures also participated. The company has now raised a total of $96 million since its launch in 2013 and will use the latest funds to fuel further international expansion. “We see 97 percent of customers accessing Looker at least once per day. It has become increasingly common to see the majority of employees across multiple, if not all, departments using Looker. They’re asking deeper questions of their data and making reliable, confident business decisions,” said Looker CEO, Frank Bien.
Shape Security, which creates technology to defend websites from malicious attacks, has raised $25 million in Series D funding. The Beijing-based VC Northern Light Venture Capital participated in the round as Shape looks to expand into China. The company has now raised $91 million in total. “There is a highly increasing demand in China’s e-commerce market for bot detection and corresponding services,” said Feng Deng, founder of Northern Light Venture Capital and previously the founder of Netscreen (acquired by Juniper). “We invested in Shape because we believe the botwall product and service could be an excellent complementary solution together with products from other network and endpoint security vendors.”
Online insurance broker PolicyGenius has closed a $15 million Series B funding round led by Revolution Ventures. “We’re bringing transparency to the insurance industry and empowering consumers to make the right decisions for their needs,” said Jennifer Fitzgerald, Co-Founder and CEO of PolicyGenius. “Millions of Americans are not being served by the current distribution model, so we’re changing that. By putting the power back in the consumer’s hands, with smart decision tools, unbiased advice and the most accurate insurance quotes in the industry, we’re driving down underinsurance nationwide – in turn helping to solve one of the biggest drivers of bankruptcy and hardship for Americans.”