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LeanIX, the SaaS that lets enterprises map out their software architecture, closes $30M Series C

LeanIX, the Software-as-a-Service for ‘Enterprise Architecture Management’, has closed $30 million in Series C funding.

The round is led by Insight Venture Partners, with participation from previous investors Deutsche Telekom Capital Partners (DTCP), Capnamic Ventures, and Iris Capital. It brings LeanIX’s total funding to nearly $40 million since the German company was founded in 2012.

Operating in the Enterprise Architecture space, previously the domain of a company’s IT team only, LeanIX’s SaaS might well be described as a “Google Maps for IT architectures”.

The software lets enterprises map out all of the legacy software or modern SaS that the organisation is run on, including creating meta data on things like what business process it is used for or capable of supporting, what tech (and version) powers it, what teams are using or have access to it, who is responsible for it, as well as how the different architecture fits together.

From this vantage point, enterprises can not only keep a better handle on all of the software from different vendors they are buying in, including how that differs or might be better utilised across distributed teams, but also act in a more nimble way in terms of how they adopt new solutions or …read more

Thank you Source: Enterprise

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