User:MaryGaulke/sandbox/Coupa history

History
Dave Stephens and Noah Eisner founded Coupa in 2006. Stephens and Eisner previously worked at Oracle (enterprise procurement applications). Rob Bernshteyn took over as Coupa's CEO in February 2009, after serving as Vice President of Global Product Marketing and Management at SuccessFactors, Inc. Since then, the company has reported 26 consecutive quarters of subscription revenue growth.

In 2011, Coupa was named a Cool Vendor in Procurement and Sourcing by Gartner, which cited Coupa’s solution usability. In 2014, The Forrester Wave named Coupa a market leader. Coupa was also positioned in the Leaders quadrant of the Gartner Magic Quadrant for Procure-to-Pay Suites for Indirect Procurement in March 2015.

Former Yahoo CEO and PayPal president Scott Thompson joined the company’s board of directors in April 2013. The company expanded globally in 2014, announcing new operations in Dublin, Ireland. Coupa's other international operations include its offices in Australia and several EMEA and Asia Pacific locations. Coupa expanded its leadership and governance in 2014 with the hiring of Tara Ryan as the company's CMO and the appointment of Roger Siboni as a new member of the company's Board of Directors.

In 2015, Coupa appointed Todd Ford as CFO. In February 2015, Coupa acquired the assets of ZenPurchase, an enterprise procurement software company. In July 2015, Coupa acquired InvoiceSmash, an e-invoicing vendor, and TripScanner, an open booking vendor. In January 2016, Coupa acquired Contractually, a cloud-based contract management solution.

Funding
To-date, Coupa has raised a total of $169 million in funding.

In June 2015, Coupa raised $80 million in series G funding led by T. Rowe Price, with participation from Battery Ventures, Crosslink Capital, El Dorado Ventures, Iconiq Capital, and PremjiInvest.

In March 2014, Coupa raised $40 million in series F funding led by Meritech Captial, with participation from Icon Ventures, Northgate Ventures, Crosslink Capital, Mohr Davidow Ventures, Battery Ventures, El Dorado Ventures and Blue Run Ventures.

In April 2012, Coupa raised $22 million in series E funding led by Crosslink Capital, with participation from Mohr Davidow Ventures, Battery Ventures, El Dorado Ventures, and Blue Run Ventures.

In 2011, Coupa raised $12 million in series D funding led by Mohr Davidow Ventures, with participation of Battery Ventures, BlueRun Ventures and El Dorado Ventures.

In 2009, after Bernshteyn joined the company, Coupa raised $7.5 million in Series C funding led by El Dorado Ventures, with participation from BlueRun Ventures and Battery Ventures.

In 2008, Coupa received a funding of $6 million from Battery Ventures and BlueRun Ventures.

In 2007, Coupa raised the first round of funding from BlueRun Ventures, which was later disclosed as $1.5 million.