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OneStream Software Announces $200M Series B Round
OneStream Software in Rochester, which offers an intelligent finance platform for enterprises, reports it has secured $200 million in series B funding and a valuation of $6 billion.
OneStream Software has secured $200 million in series B funding and a valuation of $6 billion. // Image courtesy of OneStream Software
OneStream Software in Rochester, which offers an intelligent finance platform for enterprises, reports it has secured $200 million in series B funding and a valuation of $6 billion.
D1 Capital Partners led the all-primary funding round with participation from Tiger Global and Investment Group of Santa Barbara. The financing will be used to accelerate OneStream’s global expansion and innovation across its intelligent finance platform and solutions marketplace.
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Research reveals increased demand in CPM solutions
Nucleus Research, a leading IT market research firm, delivered its annual report revealing the key trends and evaluating vendors in the corporate performance management (CPM) market. In this year’s CPM Value Matrix Report, the company has highlighted that demand for CPM solutions has reached fever pitch. The report explains how the uncertainty caused by the […] by John O’Rourke - February 18, 2021
Nucleus Research, a leading IT market research firm, delivered its annual report revealing the key trends and evaluating vendors in the corporate performance management (CPM) market. In this year’s CPM Value Matrix Report, the company has highlighted that demand for CPM solutions has reached fever pitch. The report explains how the uncertainty caused by the pandemic, combined with the need to work from home, has forced many organisations to move from spreadsheets and email to purpose-built CPM platforms.
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DALLAS, Jan. 21, 2021 /PRNewswire/ INW: Innovations in Nutrition and Wellness ( INW ), the global health and wellness company founded on science and innovation, recently implemented OneStream XF across its five manufacturing divisions allowing for powerful real-time insights into customers, and manufacturing operations. OneStream software was named a
Leader in the latest Gartner Magic Quadrant for Cloud Financial Planning and Analysis Solutions.
INW has experienced rapid growth since 2014, advancing its mission to offer cutting-edge science and innovation in multiple health and wellness categories. Its most recent strategic affiliation with Living Ecology expanded the company s offering into the $9.6 billion fruit and nutrition bar category. Keeping pace with its acquisitive growth strategy required an innovation investment commitment to its internal financial systems that were legacy spreadsheet-based systems, in various formats impeding
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OneStream Software, a leader in corporate performance management (CPM) solutions, was selected by United States Steel Corporation (NYSE: X), the nation’s leading integrated steel producer to streamline critical finance processes across several areas of the organization.
U. S. Steel looks to consolidate corporate results and gain valuable insight into its business with OneStream Software.
“We are proud that U.S. Steel has chosen OneStream to integrate business operations planning with financial planning as well as financial consolidation and reporting – all within a single, unified platform,” said Randy Cramp, Sales Director North America East, OneStream Software. “The steel industry is critical to the nation’s economy and we are proud to partner with U. S. Steel and leverage our modern corporate performance management platform to drive business agility.”
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