Harman Patil (Editor)

Host Analytics Inc

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Industry
  
Software

Founder
  
Jim Eberlin

Number of employees
  
275

Website
  
www.hostanalytics.com

Headquarters
  
Redwood City

Type of business
  
Private

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Key people
  
Dave Kellogg (CEO), Ian Charles (CFO)

Founded
  
2001, Redwood City, California, United States

Profiles

Host Analytics Inc. is an American software company headquartered in Redwood City, California, with field offices in New York City and Hyderabad. The company is known for its enterprise performance management (EPM) applications and cloud-based financial intelligence platform. Host Analytics, Inc. is a Software-as-a-Service (SaaS) solution provider and its cloud-based delivery model assists organizations with budgeting, managing, predicting and evaluating their financial position.

Contents

History

The company was founded by Jim Eberlin in St. Louis, Missouri, in 2001. Host Analytics remained bootstrapped until 2008, before receiving its initial venture funding from Advanced Technology Ventures and Trident Capital to further develop its product and reach a global clientele. Over the next five years, the company raised a total of $61 million that was primarily backed by Next World Capital, Advanced Technology Ventures, Star Vest Partners and Trident Capital. In mid-2008, the company moved its headquarters location from O'Fallon, Missouri to Redwood City, California. The company further expanded its operations and opened offices in Missouri, Oklahoma and India. It added big names to its client base, including NEC, Acciona Energy, Burlington Coat Factory, Crabtree & Evelyn, Time Warner Cable, Crocs and others that wanted to power their strategic financial processes. In 2012, Host Analytics brought on new CEO Dave Kellogg, who had served more than 20 years in high growth companies like MarkLogic, Business Objects, and Salesforce.com. During an interview with Forbes, Kellogg stated the company is making $20 million in sales and planning an IPO in 2016.

On November 25, 2014, the company announced USD $25M in Series E funding led by new investor Centerview Capital Technology, bringing the total raised to date to $77M. Also participating in this round were previous investors Advanced Technology Ventures, Next World Capital, StarVest Partners, and Trident Capital.

Products

Host Analytics provides an Enterprise Performance Management (EPM) Suite platform that is designed for Software-as-a-Service (SaaS) cloud delivery. The product is classified into five solutions: Planning Cloud, Sales Planning, Close Management Cloud, Reporting Cloud and Analytics Cloud. It has a unified account hierarchy and rollup operators that integrate operational and financial data in one place with its ERP suite that is available both online and offline. The application offers different user access permission levels that enable sharing of financial information in a manageable way.

User Conference

Host Analytics organizes an annual event, Host Analytics World, which is a forum for finance professionals to network and share strategies for increasing efficiency, productivity, and performance within corporate finance departments.

Awards and Industry Recognition

  • 2009: THINKstrategies Best of SaaS Showplace Award.
  • CIO Review magazine selected Host Analytics, Inc. as one of the Top 100 Most Promising Big Data Companies.
  • Host Analytics named a Hot Vendor by Ventana Research in its 2013 Value Index for Financial Performance Management.
  • Host Analytics was recognized on JMP Securities’ Hot 100 List of Best Privately Held Software Companies for 2013.
  • Host Analytics was honored with the Best Financial Planning and Analysis Technology Award at the IE FP&A Innovation Awards in 2013.
  • Host Analytics won the Ventana Research 2012 Leadership Award.
  • Host Analytics was chosen for the AlwaysOn Global 250 list.
  • Host Analytics was honored by Gartner as a Visionary in the 2013 Magic Quadrant for Corporate Performance Management Suites.
  • References

    Host Analytics Inc Wikipedia