LeanIX Raises $80 Million in Series D Funding
July 09, 2020

LeanIX closed $80 million in Series D funding led by new investor Goldman Sachs Growth.

Other investors are Insight Partners and DTCP who, along with Capnamic Ventures and Iris Capital, have participated in earlier rounds. The investment strengthens the role of LeanIX as a visionary provider of Software-as-a-Service for Enterprise Architecture (EA). The closing brings LeanIX’s total funding to over $120 million – an unprecedented record level in the EA-field. LeanIX will use the investment to continue its successful international growth and to further develop its complementary solutions for cloud governance.

André Christ, LeanIX CEO & Co-Founder, said: “LeanIX is like Google Maps for a company’s IT landscape: We provide information in the appropriate context to determine the exact location and to plan the future journey in a way the business understands. Looking at future states of your architecture should be as simple as jumping to a point in time in your backup with a time machine."

"Many well-known enterprises have successfully restarted their EA initiative with LeanIX,” said Christ. “Due to its high usability and seamless integrations with other data sources, fast-growing businesses like Atlassian, Dropbox, and Mimecast have also kick-started their EA practices.”

Christian Resch, Managing Director Goldman Sachs Growth, explained why lead investor Goldman Sachs Growth was convinced to invest: “LeanIX is a thought leader in Enterprise Architecture. We were impressed by the company’s revenue growth, the positive customer feedback and its visionary concept: LeanIX develops software solutions to reduce complexity in IT application landscapes. Importantly, LeanIX’s software helps companies with their transition to, and maintenance of, both the cloud and modern microservices architecture.” Alexander Lippert, Vice President at Goldman Sachs Growth, will join the board of directors.

A secure and well-managed adoption of cloud computing and microservices architectures is an increasing priority for CIOs and CTOs. With the Series D funding, LeanIX will further develop this business segment at an accelerated pace over the next few years.

André Christ added: “Our EA Suite already helps CIOs and their internal IT teams assess IT application portfolios for rationalization opportunities and cloud-readiness. With our Cloud Native Suite, companies can automatically discover used cloud services across major platforms such as Amazon Web Services, Microsoft Azure or Google Cloud as well as capture data about microservices. Put inside the right business context, these insights can now be leveraged by the CTO, product- and operations teams. Some customers already call us the next generation CMDB for the cloud.”

Christ is convinced that LeanIX can become a larger technology company with relevance to even more businesses worldwide. LeanIX has the vision to create better workplaces where employees become more engaged.

Share this

Industry News

August 12, 2020

Datadog announced the general availability of Continuous Profiler, a low-overhead 24x7 code profiler that measures the performance of code in production.

August 12, 2020

Pulumi announced significant new capabilities for Kubernetes, including cloud native deployment automation options, ecosystem integrations and migration tools.

August 12, 2020

The Linux Foundation, the nonprofit organization enabling mass innovation through open source, announced the availability of a new training course, LFS268 - CI/CD with Jenkins X.

August 11, 2020

Datadog announced the launch of Incident Management.

August 11, 2020

Progress announced the latest release of Progress® Test Studio®, the automated UI load and performance testing tool.

August 11, 2020

Symmetry Systems emerged from stealth a year after raising $3 million in seed funding.

August 10, 2020

Red Hat announced the launch of Red Hat remote certification exams.

August 10, 2020

Signal Sciences announced an integration with Microsoft Azure App Service for the Signal Sciences next-gen Web Application Firewall (WAF) and Runtime Application Self-Protection (RASP) solution.

August 10, 2020

Copado announced Copado Government Cloud to help government agencies accelerate the time-to-value of Salesforce digital transformation projects.

August 06, 2020

Push Technology announced the launch of a new Kafka Adapter for their Diffusion Intelligent Data Mesh.

August 06, 2020

Appvia announced the launch of its Cost Prediction and Visibility tool, integrated within the latest version of its Kore platform.

August 06, 2020

LogiGear announced the newest addition to the TestArchitect™ family, TestArchitect Gondola.

August 05, 2020

Logz.io announced a partnership with HashiCorp, a provider in multi-cloud infrastructure automation software.

August 05, 2020

Digitate, a software venture of Tata Consultancy Services, announced the release of ignio™ AI.Assurance, an autonomous assurance product that enables enterprises to deliver better software faster, enhancing their business performance.

August 05, 2020

Harness acquired self-service Continuous Integration firm Drone.io, the creator of the open-source project Drone.