Anaplan, provider of cloud-based modeling and planning solutions for finance and operations, has closed US$30m in new venture financing. The company said it will use the funds to build new data centers around the world.

The company has been on an aggressive expansion trajectory, as its customer base grew by 500% in 2012. It recently opened offices in the UK, France, Sweden and Singapore, and said last year saw its revenue grow eight-fold.

Rob Ward, managing director at Meritech Capital Partners, which led the financing round, said there was strong and growing market demand for Anaplan's platform. “We made a significant capital commitment to Anaplan, because they are among a new breed of vendors that is challenging the status quo of business technology,” he said.

The company's platform is based on its patented HyperBlock technology. Customers use it for long-range and financial planning, territory and quota management, workforce planning and IT performance management.

Anaplan's customer successes include use by McAfee, Diageo, Kimerly-Clark Eastern Europe and Pandora.

Anaplan CEO Fred Laluyaux said, “Meritech’s backing of Anaplan confirms the maturity of our technology and represents a strong vote of confidence in our vision.”