DEVOPSdigest

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.