Anaplan has decided to open a research and development center in Paris, with an initial staff of about 20. It will be a complete product team with developers – mostly experts in Java, JavaScript and HTML5 – but also product managers, designers and quality managers.

This startup, based in San Francisco, says they are experiencing hyper-growth, and the numbers bear them out. In May 2014, the company raised $100 million from a group of investors including Salesforce and Workday, and led by DFJ Growth. With this fourth round, the total amount raised by the company since its first round in 2010 is $150 million. That same year, the company got its first client, Jive Software.

“Anaplan is now a global company, present in 11 countries, including France, which is known for its technological expertise. It seemed natural to create a product development center in Paris to complement those in San Francisco and New York,” said Frédéric Laluyaux, its CEO.

Anaplan is a platform for financial and operational modeling that allows users to schedule, collaborate and act in real time. Anaplan helps companies anticipate critical events, rapidly model potential impacts and, of course, make corrections on the fly. Based in San Francisco, Anaplan has offices on four continents.

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