{"id":43378,"date":"2021-01-12T20:42:37","date_gmt":"2021-01-12T18:42:37","guid":{"rendered":"https:\/\/newserver.fyb.de\/100-million-funding-round-for-jedox\/"},"modified":"2021-01-12T20:42:37","modified_gmt":"2021-01-12T18:42:37","slug":"100-million-funding-round-for-jedox","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/100-million-funding-round-for-jedox\/","title":{"rendered":"$100 million funding round for&nbsp;Jedox"},"content":{"rendered":"<p>Frei\u00adburg \u2014 Boston \u2014 Singa\u00adpore \u2014 <strong>Jedox<\/strong>, an award-winning provi\u00adder of enter\u00adprise perfor\u00admance manage\u00adment solu\u00adti\u00adons for busi\u00adness plan\u00adning and analy\u00adsis, today announ\u00adced an invest\u00adment of more than $100 million from global venture capi\u00adtal and private equity firm <strong>Insight Part\u00adners<\/strong>, along with exis\u00adting inves\u00adtors <strong>Iris Capi\u00adtal, eCAPI\u00adTAL and Wecken &amp; Cie<\/strong>. This majo\u00adrity invest\u00adment by Insight Part\u00adners comes at a time when Jedox is expe\u00adri\u00aden\u00adcing rapid global adop\u00adtion of its market-leading cloud solu\u00adtion for finance executives.<\/p>\n<p>The new round of funding will help Jedox acce\u00adle\u00adrate its custo\u00admer growth and global expan\u00adsion while enhan\u00adcing its robust plat\u00adform for cross-depart\u00admental inte\u00adgra\u00adted busi\u00adness plan\u00adning, report\u00ading and analy\u00adtics. In parti\u00adcu\u00adlar, the funds will be used to grow Jedo\u00adx\u2019s product inno\u00adva\u00adtion team, increase invest\u00adment in custo\u00admer support, and provide even grea\u00adter support to users in all major geogra\u00adphic regi\u00adons. In addi\u00adtion, 2021 marks the launch of indus\u00adtry-speci\u00adfic solu\u00adti\u00adons. Toge\u00adther with Jedo\u00adx\u2019s dyna\u00admic part\u00adner network and stra\u00adte\u00adgic part\u00adner\u00adships, the scope of the solu\u00adti\u00adons will expand beyond finance and control\u00adling depart\u00adments to become a cross-func\u00adtional \u201cExten\u00added Plan\u00adning &amp; Analy\u00adtics\u201d (xP&amp;A) platform.<\/p>\n<p>\u201cIn an incre\u00adasingly fast-paced world, disrup\u00adtion and uncer\u00adtainty present both chal\u00adlenges and oppor\u00adtu\u00adni\u00adties for busi\u00adnesses. Jedox modern cloud-based solu\u00adti\u00adons for scena\u00adrio plan\u00adning, fore\u00adcas\u00adting and mana\u00adging future value crea\u00adtion enable our custo\u00admers to act even faster and outper\u00adform the compe\u00adti\u00adtion,\u201d says Florian Winter\u00adstein, CEO of Jedox. \u201cInsight Part\u00adners\u2019 invest\u00adment will further streng\u00adthen our unique EPM plat\u00adform and momen\u00adtum in the market and allow us to bene\u00adfit from the exper\u00adtise of a leading global invest\u00adment partner.\u201d<\/p>\n<p>Jedox offers the most advan\u00adced cloud-based budge\u00adting, plan\u00adning and analy\u00adsis tools combi\u00adned with a fami\u00adliar Micro\u00adsoft Excel-based inter\u00adface. Jedo\u00adx\u2019s enter\u00adprise-grade \u201cFinan\u00adcial Plan\u00adning &amp; Analy\u00adtics\u201d (FP&amp;A) tools are speci\u00adfi\u00adcally desi\u00adgned to acce\u00adle\u00adrate time-to-value for CFOs and finance execu\u00adti\u00adves. From moving exis\u00adting finan\u00adcial proces\u00adses to the cloud to lever\u00adaging AI and \u201cadvan\u00adced analy\u00adtics\u201d for more accu\u00adrate and agile plan\u00adning, Jedox helps leading compa\u00adnies stream\u00adline plan\u00adning proces\u00adses at all stages of growth. Jedox has over 2,500 custo\u00admers world\u00adwide, inclu\u00adding Amazon, McDo\u00adnal\u00add\u2019s Switz\u00ader\u00adland and&nbsp;ABB.<\/p>\n<p>\u201cJedox offers a diffe\u00adren\u00adtia\u00adted approach to finan\u00adcial plan\u00adning through its flexi\u00adbi\u00adlity, fami\u00adliar Excel-based inter\u00adface and focus on the custo\u00admer,\u201d said Jeff Lieber\u00adman, mana\u00adging direc\u00adtor at Insight Part\u00adners. \u201cWe are exci\u00adted to work with Florian and the entire Jedox team to bring outstan\u00adding cloud plan\u00adning tools to market leaders in all indus\u00adtries around the world. Our onsite team, the largest ScaleUp engine in the indus\u00adtry, will work with Jedox to provide stra\u00adte\u00adgic scaling exper\u00adtise.\u201d Rachel Geller, Mana\u00adging Direc\u00adtor at Insight Part\u00adners, and Henry Fran\u00adkie\u00advich, Prin\u00adci\u00adpal, will join the Board of Directors.<\/p>\n<p>Jedo\u00adx\u2019s leading EPM plat\u00adform opti\u00admi\u00adzes value crea\u00adtion and helps compa\u00adnies move faster than the compe\u00adti\u00adtion. Jedox public and private cloud offe\u00adrings enable finance profes\u00adsio\u00adnals to effec\u00adtively colla\u00adbo\u00adrate across depart\u00adments to simplify busi\u00adness plan\u00adning through a powerful Micro\u00adsoft Excel and Power BI compa\u00adti\u00adble inter\u00adface, while bene\u00adfiting from arti\u00adfi\u00adcial intel\u00adli\u00adgence and advan\u00adced analy\u00adtics. The tran\u00adsac\u00adtion is expec\u00adted to close in the first half of&nbsp;2021.<\/p>\n<p><strong>About Jedox<br>\n<\/strong><br>\nJedox simpli\u00adfies plan\u00adning, analy\u00adsis and report\u00ading with a unified and cloud-based soft\u00adware suite. Jedox supports decis\u00adion makers and busi\u00adness users in all depart\u00adments and helps them work smar\u00adter, opti\u00admize colla\u00adbo\u00adra\u00adtion and make infor\u00admed decis\u00adi\u00adons. Over 2,500 compa\u00adnies in 140 count\u00adries use Jedox for plan\u00adning on the web, in the cloud, and on any device. Jedox is an award-winning provi\u00adder of FP&amp;A and enter\u00adprise perfor\u00admance manage\u00adment solu\u00adti\u00adons with offices on four conti\u00adnents and over 250 certi\u00adfied busi\u00adness part\u00adners world\u00adwide. www.jedox.com<\/p>\n<p><strong>About Insight Partners<br>\n<\/strong><br>\nInsight Part\u00adners is a leading global venture capi\u00adtal and private equity firm inves\u00adt\u00ading in high-growth tech\u00adno\u00adlogy and soft\u00adware scale-up compa\u00adnies that are driving trans\u00adfor\u00adma\u00adtive change in their indus\u00adtries. Since its foun\u00adding year in 1995, Insight Part\u00adners has inves\u00adted in more than 400 compa\u00adnies world\u00adwide and raised more than $30 billion in capi\u00adtal commit\u00adments through a series of funds. Insigh\u00adt\u2019s mission is to find, fund and successfully part\u00adner with visio\u00adnary leaders by provi\u00adding them with prac\u00adti\u00adcal, real-world soft\u00adware exper\u00adtise to drive long-term success. Through its people and port\u00adfo\u00adlio, Insight fosters a culture based on the belief that ScaleUp compa\u00adnies and growth create oppor\u00adtu\u00adni\u00adties for all. For more infor\u00adma\u00adtion about Insight and all of its invest\u00adments, visit insightpartners.com .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Frei\u00adburg \u2014 Boston \u2014 Singa\u00adpore \u2014 Jedox, an award-winning provi\u00adder of enter\u00adprise perfor\u00admance manage\u00adment solu\u00adti\u00adons for busi\u00adness plan\u00adning and analy\u00adsis, today announ\u00adced an invest\u00adment of more than $100 million from global venture capi\u00adtal and private equity firm Insight Part\u00adners, along with exis\u00adting inves\u00adtors Iris Capi\u00adtal, eCAPI\u00adTAL and Wecken &amp; Cie. This majo\u00adrity invest\u00adment by Insight&nbsp;[\u2026]<\/p>\n","protected":false},"author":2,"featured_media":36517,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1369,1371,1373],"tags":[],"class_list":["post-43378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-investors","category-deals-en","category-venture-capital-en","news-category-venture-capital-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>$100 million funding round for Jedox - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/100-million-funding-round-for-jedox\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$100 million funding round for Jedox - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Frei\u00adburg \u2014 Boston \u2014 Singa\u00adpore \u2014 Jedox, an award-winning provi\u00adder of enter\u00adprise perfor\u00admance manage\u00adment solu\u00adti\u00adons for busi\u00adness plan\u00adning and analy\u00adsis, today announ\u00adced an invest\u00adment of more than $100 million from global venture capi\u00adtal and private equity firm Insight Part\u00adners, along with exis\u00adting inves\u00adtors Iris Capi\u00adtal, eCAPI\u00adTAL and Wecken &amp; Cie. 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