Planview

Last updated

Planview
Company type Privately held company
Industry Software
Founded1989 (1989) in Austin, Texas
FounderPatrick Durbin
Headquarters
Austin
,
Texas
Area served
Worldwide
Key people
  • Razat Gaurav (CEO)
  • Louise K. Allen (CPO)
  • Chris Nester (CFO)
  • Mik Kersten (CTO)
ProductsPlanview Advisor [1]
Planview Portfolios [2]
Planview PPM Pro [3]
Planview ProjectPlace [4]
Planview AgilePlace [5]
Planview IdeaPlace [6]
Planview AdaptiveWork [7]
Planview Viz [8]
Planview Hub [9]
Services Portfolio management
Resource management
Project management
Productivity software
Collaborative work management
Value stream management [10]
Innovation Management
Software toolchain integration [11]
Number of employees
1400
Website planview.com

Planview is a global enterprise software company headquartered in Austin, Texas.

Contents

History

The company was founded in 1989 in Austin, Texas, by Patrick Durbin. Durbin [12] is a pioneer in the project and portfolio management (PPM) industry who led Planview as CEO during the first 15 years of its growth.

In 1997, the company launched its complete web-based resource and project portfolio management (PPM) software, Planview Enterprise.

In 2004, Durbin retired from the CEO role at Planview but continued serving the company as a Board Member. Greg Gilmore, a member of the leadership team under Durbin, was named CEO. Under Gilmore's leadership, the company more than tripled its revenue [13] and was an industry leader in delivering PPM software through the cloud by launching a software as a service (SaaS) solution.

From 2014 to 2020, Planview steadily expanded its suite of solutions through internal product development and through acquisition of other innovative companies. The acquisitions include Projectplace in 2014, Troux Technologies in 2015, Innotas in 2016, LeanKit in 2017, Spigit in 2018, and Aptage in 2020. [14]

The company's growth attracted large investors whose resources enabled the company to continue its growth. In December 2013, Insight Venture Partners acquired a substantial interest in Planview. [15] In January 2017, Thoma Bravo acquired Planview, becoming the majority shareholder. In December 2020, Planview was acquired by TPG Capital and TA Associates for $1.6 billion. [16]

In 2021, Greg Gilmore retired from Planview, and Razat Gaurav was named the company's new CEO. Gaurav joined Planview after leading the growth of Llamasoft during which the company's revenue doubled. The company's recent acquisitions include Clarizen, Changepoint, Tasktop and Enrich. The company achieved record revenue in 2022 [17] and again in 2023. [18]

Ownership

In December 2013, Insight Venture Partners acquired a substantial interest in Planview. [19]

In January 2017, Thoma Bravo acquired Planview, becoming the majority shareholder. [20]

In December 2020, Planview was acquired by TPG Capital and TA Associates for $1.6 billion. [21]

Acquisitions

In August 2014, Planview acquired Projectplace, a Stockholm-based project collaboration company. [22]

In May 2015, Planview acquired Troux Technologies, an Austin-based enterprise architecture management software company. [23]

On August 1, 2016, the company announced its acquisition of San Francisco-based Innotas. [24]

In December 2017, Planview acquired LeanKit. [25]

In December 2018, Planview acquired Spigit. [26]

In July 2020, Planview acquired Aptage. [27]

In February 2021, Planview acquired Clarizen and Changepoint. [28]

In May 2022, Planview acquired Tasktop, a Vancouver-based value stream management company. [29]

In June 2022, Planview acquired Enrich, a product portfolio analytics company. [30]

Software

Projectplace

Projectplace logo New logo Projectplace logo Main black.png
Projectplace logo

Projectplace is a collaborative work management software from Planview that offers project management software and work collaboration solutions.[ buzzword ] Projectplace integrates features such as task manager apps, Kanban boards, and Gantt chart software. Originally, Projectplace was founded in September 1998 in Stockholm, Sweden, from the Swedish application service provider, Projectplace International AB.

Projectplace modules include team conversations, document archives, issue management, planning and tracking, meeting management, project portal, and contacts.

The service is available in several languages: Swedish, Norwegian, Dutch, English, German, French, Spanish and Danish.

See also

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References

  1. ↑ "Planview Advisor". Planview.
  2. ↑ "Planview Portfolios". Planview.
  3. ↑ "Planview PPM Pro Project Portfolio Management Software". Planview.
  4. ↑ "ProjectPlace Work Collaboration Software". Planview.
  5. ↑ "Planview AgilePlace™". Planview. June 24, 2020.
  6. ↑ "Planview IdeaPlace". Planview.
  7. ↑ "Planview AdaptiveWork". Planview.
  8. ↑ "Planview Viz". Planview.
  9. ↑ "Planview Hub". Planview.
  10. ↑ "Value Stream Management Software". Planview.
  11. ↑ "Software Toolchain Integration". Planview.
  12. ↑ "Interview with Patrick Durbin – Planview". Wall Street Transcript.
  13. ↑ "Gregory Gilmore Sets a Clear Strategic Vision for Planview". Profile Magazine.
  14. ↑ "Austin Tech firm Planview Acquires AI Software Maker Aptage". The Austin American-Statesman.
  15. ↑ ""Planview Receives Investment from Insight Venture Partners"". FINSMES.
  16. ↑ "Private Equity Firms Close $1.6 Billion Deal for Austin-Based Planview". The Austin American-Statesman.
  17. ↑ "Planview Continues Acceleration with Record Revenue in FY'22". Planview Newsroom.
  18. ↑ "Planview Accelerates Growth Momentum in FY'23". Planview Newsroom.
  19. ↑ FinSMEs (December 30, 2013). "Planview Receives Investment from Insight Venture Partners". FinSMEs. Retrieved September 26, 2022.
  20. ↑ Harrell, Barry L. "Private equity firms close $1.6 billion deal for Austin-based Planview". Austin American-Statesman. Retrieved October 17, 2022.
  21. ↑ Harrell, Barry L. "Private equity firms close $1.6 billion deal for Austin-based Planview". Austin American-Statesman. Retrieved October 5, 2022.
  22. ↑ Calnan, Christopher (August 13, 2014). "Austin software maker buys Swedish project management company". Austin Business Journal. Retrieved September 26, 2022.
  23. ↑ Calnan, Christopher (May 21, 2015). "Austin software maker Planview buys another local company". www.bizjournals.com. Retrieved September 26, 2022.
  24. ↑ Calnan, Christopher (August 1, 2016). "Planview acquires San Francisco software company". www.bizjournals.com. Retrieved October 5, 2022.
  25. ↑ StinnettDec 11, 2017, Joel (December 11, 2017). "Local tech company sold to Austin firm". www.bizjournals.com. Retrieved October 17, 2022.{{cite web}}: CS1 maint: numeric names: authors list (link)
  26. ↑ Herrera, Sebastian. "Austin's Planview buys San Francisco software maker Spigit". Austin American-Statesman. Retrieved October 17, 2022.
  27. ↑ "SD Times news digest: Planview acquires AI/ML company Aptage, AWS IoT SiteWise, and Docker teams up with AWS on bringing apps to the cloud". SD Times. July 10, 2020. Retrieved October 17, 2022.
  28. ↑ Soper, Taylor (January 12, 2021). "Planview to acquire Seattle-based portfolio management software startup Changepoint". GeekWire. Retrieved October 17, 2022.
  29. ↑ Brooks, Steve (May 18, 2022). "Planview makes Tasktop its first acquisition of 2022". Enterprise Times. Retrieved May 19, 2022.
  30. ↑ "Planview Acquires Enrich". Mergr.
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