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ACQUIRED COMPANY
 
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Adaptive Insights  Acquired by Workday (2018 $ 1,600,000,000 )

3350 W. Bayshore Road, Suite 200
Palo Alto, CA 94303
USA
650.528.7500
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Robert S Hull (Adaptive Insights Chairman) Mark B Templeton (Citrix Former CEO) Terry L Opdendyk (ONSET Ventures Managing Director) Sergio J Monsalve (Norwest Venture Partners Partner) Robert Antoniades (RBC Venture Partners General Partner) Ronald F Codd (PeopleSoft Former CFO) James Kelliher (LogMeIn CFO) Byron Deeter (Bessemer Venture Partners Partner)
Advisory board: John C Dillon (Navis Holdings CEO) Leslie Murdock (ADI Startegies President) Peter Arrowsmith (JMI Equity General Partner) Jeff Epstein (Bessemer Venture Partners Partner) John Herr (Adaptive Insights Former CEO)
Former outside board: Eric C W Dunn (Cardinal Venture Capital General Partner) Jerome S Engel (Monitor Ventures General Partner) Ken Ross (Pillar Co. Former Executive Chairman) Mark Hilderbrand (ONSET Ventures)
Company

Business description: Adaptive Insights is the recognized leader in cloud corporate performance management (CPM). Via its software as a service (SaaS) platform, the company offers capabilities for budgeting, forecasting, reporting, consolidation, dashboards, and analytics that empower finance, sales, and other business leaders with insight to drive true competitive advantage. The Adaptive Suite is sold direct or is available through Adaptive Insights’ robust cloud CPM channel ecosystem of 200+ partners, including Accenture, Armanino, BDO, CohnReznick, Deloitte, Intacct, KPMG, McGladrey, Plex Systems, and Workday. NetSuite also offers Adaptive Planning as its NetSuite Financial Planning Module. More than 3,000 companies in 85 countries use Adaptive Insights. These range from midsized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Epcor, NetSuite, Philips, P.F. Chang’s, and Siemens. Adaptive Insights is headquartered in Palo Alto, Calif.
Customers include: American Red CrossArmanino McKenna Blurb CaseCentralCoca-ColaCollabNetDocuSign Drobo GeeknetIntegraMed America Jaguar Mining PhilipsSouthwest GasVicor;  2ndWind;  AAA's National Office ;  Aim;  Allen Vanguard;  American Academy of Pediatrics ;  American Academy of Physician Assistants ;  American Family Insurance;  Association for Financial Professionals ;  BPM Partners ;  DentalPlans.com;  EVO;  Job Futures;  Kendall-Jackson Family Wines;  Konica Minolta Business Solutions U.S.A ;  Regent’s College London ;  Shannon Aerospace;  UniTrin Direct;  University of Arizona;  Valley Lo
Partners include: BDO Pentaho ;  Expensewatch.com
Capital

Rounds: 6
Capital raised: 176.3M
Last Round: 75.0M
Ownership: Acquired by Workday (2018 $ 1,600,000,000 ) Ipo Filing
VCs include: Salesforce.com Bessemer Venture Partners Cardinal Venture CapitalNorwest Venture Partners Onset Ventures;  Technology Ventures;  Monitor Ventures;  JMI Equity ;  Clairmont Capital RBC Venture Partners ;  Information Venture Partners Roble Ventures

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Overview
Record updated: Jun 2018
Sector: Software
Year Founded: 2003
Headcount: 501-600 as of Feb 2019
Rounds: 6
Capital Raised: 176.3M
Last Round: 75.0M
Ownership: Acquired by Workday (2018 $ 1,600,000,000 ) Ipo Filing