Adaptive Insights Grabs $75M at Estimated $1B Valuation
July 01, 2015
Adaptive Insights, a corporate performance management SaaS platform that enables businesses to gain insights into budgeting, forecasting and business intelligence, has raised a $75 million financing; the round is rumored to generate a valuation in excess of $1 billion. New investor JMI Equity participated in the funding, along with existing investors that included Bessemer Venture Partners and Norwest Venture Partners. The company last raised capital in a $45 million round that valued it at $213 million in August 2013.