Tuesday, June 30, 2015

Adaptive Insights Finds $75M

Palo Alto-based Adaptive Insights, a developer of cloud-based business management software, has raised $75M in a funding round, according to the company. The funding came from JMI Equity, along with Norwest Venture Partners, ONSET Ventures, Bessemer Venture Partners, Cardinal Venture Capital, Monitor Ventures, and Information Venture Partners. Adaptive Insights is headed by Tom Bogan, who is also the Chairman of Citrix Systems.