LeanIX, the enterprise structure software program firm based out of Bonn in Germany, has closed $80 million in Series D funding. The spherical is led by new investor Goldman Sachs Growth. Previous buyers Insight Partners and DTCP additionally adopted on.
The Series D brings LeanIX’s complete funding to over $120 million. The firm says it should use the funding to proceed worldwide development and to additional develop its complementary options for cloud governance. In the final 12 months, LeanIX has opened new places of work in Hyderabad (India), Munich (Germany) and Utrecht (Netherlands), and now has 230 workers worldwide (up from 80 after we final lined the corporate).
Founded in 2012, LeanIX operates within the enterprise structure house and its SaaS may effectively be described as a “Google Maps for IT architectures”. The software program lets enterprises map out all the legacy software program or fashionable SaaS that the organisation is run on. This contains creating meta knowledge on issues like what enterprise course of it’s used for or able to supporting, what tech powers it, which groups are utilizing or have entry to it, in addition to how the completely different structure suits collectively.
The thought is that enterprises not solely have a greater deal with on all the software program from completely different distributors they’re shopping for in, together with how that differs or could be higher utilised throughout distributed groups, however may also act in a extra nimble approach by way of how they undertake new options or decommission legacy ones.
“Many well-known enterprises have efficiently restarted their EA initiative with LeanIX,” says André Christ, LeanIX CEO and co-founder (pictured). “Due to its excessive usability and seamless integrations with different knowledge sources, fast-growing companies like Atlassian, Dropbox, and Mimecast have additionally kick-started their EA practices”.
To that finish, LeanIX says it’s presently working with 300 worldwide clients and achieved 100% income development in 2019. Specifically, 39% of complete gross sales are generated within the U.S. market, and 57% in its house market of Europe.
Comments Christian Resch, Managing Director Goldman Sachs Growth, in a press release: “LeanIX is a thought chief in Enterprise Architecture. We have been impressed by its sturdy income development, the optimistic buyer suggestions and the corporate’s visionary idea: LeanIX develops software program options to scale back complexity in IT software landscapes. Importantly, LeanIX’s software program helps firms with their transition to, and upkeep of, each the cloud and fashionable microservices structure”.
Alexander Lippert, Vice President at Goldman Sachs Growth, will be part of LeanIX’s board of administrators.