SOURCE: Adaptive Planning

Adaptive Planning

June 28, 2013 10:34 ET

Adaptive Planning Named to JMP Securities Hot 100 List of Best Privately Held Software Companies

Adaptive Recognized as a Leader in the Big Data Infrastructure and Analytics Category

MOUNTAIN VIEW, CA--(Marketwired - Jun 28, 2013) - Adaptive Planning, the worldwide leader in cloud-based business analytics solutions for companies and nonprofits of all sizes, today announced Adaptive Planning was recognized as a leader in the JMP Securities "Hot 100: Best Privately Held Software Companies" list for 2013. JMP Securities, a full-service investment bank, and its software research team honored a list of 100 profiles of the leading private companies throughout various sectors of the software industry.

Adaptive Planning was named in the Big Data Infrastructure and Analytics Category for its financial growth, products and services, quality of leadership, customers and market potential. JMP Securities also notes in the report the successful disruption and displacement by next generation Hot 100 companies like Adaptive Planning over legacy solutions. 

Adaptive Planning provides the only cloud business analytics solution combining business intelligence and corporate performance management capabilities to give a 360 degree view of an organization's performance -- past, present, and future. Adaptive empowers finance and management teams to automate budgeting, forecasting, reporting, consolidations, and data visualization. The company's solutions fundamentally transform business management by enabling business leaders to easily create financial and operating plans, monitor performance in real-time, and report on and analyze results. 

"We are pleased and honored to be part of the 'Top 100' list of best privately held software companies," stated John Herr, CEO of Adaptive Planning. "On the heels of our recent $45 million round of funding led by Bessemer Venture Partners, we are growing rapidly across the globe, while delivering industry-leading customer satisfaction and continuous innovation that have led to our exceptional success to date."

Adaptive Planning was also recently honored by Deloitte's Technology Fast 500 award as the fifth fastest growing software company in Silicon Valley, and was ranked #1 in usability among all performance management providers by Nucleus research, along with more than a dozen other awards and accolades over the last year.

Click to Tweet: #Cloud-based #CPM leader @AdaptivePlans named "Hot 100 Best Privately Held Software Companies" by JMP Securities

About Adaptive Planning

Adaptive Planning is the worldwide leader in cloud-based business analytics solutions for companies and nonprofits of all sizes. The company's software as a service (SaaS) platform allows finance and management teams to work together to plan, monitor, report on, and analyze financial and operational performance. With capabilities for budgeting, forecasting, reporting, consolidation, dashboards, and business intelligence, Adaptive Planning enables finance, sales, and other business leaders to make better, faster, more collaborative decisions that drive a true competitive advantage.

Adaptive Planning is used by over 1,600 organizations worldwide, from midsized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Konica Minolta, NetSuite, Philips, and Vail Resorts. The company is the 5th fastest-growing software company in Silicon Valley on the Deloitte Technology Fast 500™ list; has the #1 brand in midmarket CPM; and ranks #1 in customer satisfaction in independent industry surveys. With customers and partners in 82 countries worldwide, the company has the strongest channel ecosystem in the cloud CPM space, with worldwide partners including Armanino McKenna, Intacct, IntuitiveTek, Plex Systems, SAP, and NetSuite, which offers a specialized version of Adaptive Planning as the NetSuite Financial Planning module. Adaptive Planning is headquartered in Mountain View, Calif. and is funded by Bessemer Venture Partners (BVP), Norwest Venture Partners (NVP), Royal Bank of Canada (RBC), ONSET Ventures, Monitor Ventures, and Cardinal Venture Capital.

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