[ LeanIX raises $7.5M in Series B ]

LeanIX has raised $7.5 million in Series B funding.

Founded in 2012, LeanIX and its software-as-a-service (SaaS) application for enterprise architecture (EA) is helping companies modernize their IT architectures. From Adidas, DHL and Merck, to Vodafone and Zalando, over 80 big-name customers worldwide use LeanIX’s technology.

The new capital will be used to further strengthen the team in the US as well as at headquarters in Bonn. Some 40% of sales are already generated outside of Germany. In the US market, LeanIX already has attracted big-name companies from the fields of manufacturing, banking and services, such as Haworth, Flagstar Bank and Plum Healthcare. In response to growing demand, the company opened an office in Boston, Massachusetts, in March 2017 and hired sales experts for the US market.

Funding  Series B
Founded  2012
Country  Germany
City  Bonn, Nordrhein-Westfalen
Founder / CEO  André Christ
Deal Size  $7.5M
Investors  Capnamic Ventures
 Iris Capital
 Deutsche Telekom Capital  Partners
Previous Investors  Iris Capital
 Capnamic Ventures