Frank Calderoni

Anaplan, an enterprise cloud software company, has filed to go public after 12 years. It was last valued at $1.4 billion.
Just a week ago, one David Morton came aboard as Anaplan CFO. Morton was previously at Tesla, but quit after about a month on the job.
Anaplan is not profitable, but its revenues are growing steadily.

The enterprise software company Anaplan has filed to go public, just one week after poaching David Morton, its new CFO, from Tesla.

Morton was chief accounting officer at Tesla for just a month — an eventful month, in fact, during which Tesla CEO Elon Musk infamously said on Twitter that he had “funding secured” to take the car-maker private.

“Since I joined Tesla on August 6th, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations,” Morton said in comments revealed last week in a regulatory filing.

Things will likely be at least a little less dramatic at Anaplan, a 12-year-old company that sells sells connected planning software, a category of cloud software that helps companies manage their finances, sales and workforce.

Anaplan continues to grow steadily. Revenues were up 39.8% to …read more

Source:: Businessinsider – Finance


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