Adaptive Planning's Carolee Gearhart Recognized by CRN as One of the Top Women of the Channel

MOUNTAIN VIEW, CA--(Marketwired - Jun 26, 2013) - Adaptive Planning, the worldwide leader in cloud-based business analytics solutions for companies and nonprofits of all sizes, today announced that Carolee Gearhart, Vice President of Global Channels & Partners, has been recognized again by UBM Tech Channel's CRN as one of the top Women of the Channel. CRN's annual list recognizes nearly 300 female executives across vendor channel organizations, distributors and solution providers for their accomplishments over the past year, and the far-reaching impact they are having on the technology industry going forward. This year's Women of the Channel were chosen by the editors of CRN based on their achievements as executives and the amount of influence they wield over the technology channel. These women represent a changing trend in a traditionally male dominated industry.

Carolee Gearhart was chosen for her leadership in building Adaptive Planning's worldwide channel and partner program. In this role, Carolee has successfully built upon the company's tremendous momentum, with 70% growth in the last year, and strengthened the international expansion with partners. Adaptive Planning's network of over 400 global channel partners, including NetSuite, played an increasingly important role in the company's business, driving 33 percent of the company's new bookings and influencing 50 percent of new sales.

"I am humbled and honored to be recognized by CRN," said Gearhart. "It has been an energizing whirlwind to join Adaptive Planning -- a company that has walked the walk in driving revenues and great customer experiences with partners! We plan on driving our engagement with partners over the next year to a whole new level together -- more investment, more joint planning, greater innovation with customers, and the creation of more 'Adaptive junkies!' We'll be delivering more solutions tailored to the business needs of specific verticals and better visibility for our best partners."

"We honor and congratulate this list of influential women who are dedicated to supporting the mission of the channel," said Robert Faletra, CEO, UBM Tech Channel. "For years, we have identified and celebrated the women who have made an indelible mark on the technology industry through unmatched innovation and razor focus on meeting the needs of the IT channel community."

Click to Tweet: Congrats to @AdaptivePlans @CaroleeGearhart who was selected as one of the Top Women of the Channel by @CRN http://bit.ly/121JQ7C

About Adaptive Planning
Adaptive Planning is the worldwide leader in cloud-based business analytics solutions for companies and nonprofits of all sizes. The company's software as a service (SaaS) platform allows finance and management teams to work together to plan, monitor, report on, and analyze financial and operational performance. With capabilities for budgeting, forecasting, reporting, consolidation, dashboards, and business intelligence, Adaptive Planning enables finance, sales, and other business leaders to make better, faster, more collaborative decisions that drive a true competitive advantage.

Adaptive Planning is used by over 1,600 organizations worldwide, from midsized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Konica Minolta, NetSuite, Philips, and Vail Resorts. The company is the 5th fastest growing software company in Silicon Valley on the Deloitte Technology Fast 500™ list; has the #1 brand in midmarket CPM; and ranks #1 in customer satisfaction in independent industry surveys. With customers and partners in 82 countries worldwide, the company has the strongest channel ecosystem in the cloud CPM space, with worldwide partners including Armanino McKenna, Intacct, IntuitiveTek, Plex Systems, SAP, and NetSuite, which offers a specialized version of Adaptive Planning as the NetSuite Financial Planning module. Adaptive Planning is headquartered in Mountain View, Calif. and is funded by Bessemer Venture Partners (BVP), Norwest Venture Partners (NVP), Royal Bank of Canada (RBC), ONSET Ventures, Monitor Ventures, and Cardinal Venture Capital.

About UBM Tech Channel
UBM Tech Channel, a UBM company is the premier provider of IT channel-focused events, media, research, consulting, and sales and marketing services. With more than 30 years of experience and engagement, UBM Tech Channel has the unmatched channel expertise to execute integrated solutions for technology executives, managing partner recruitment, enablement and go-to-market strategy in order to accelerate technology sales. To learn more about UBM Tech Channel, visit us at http://www.ubmchannel.com. Follow us on Twitter at http://twitter.com/UBMTechChannel

UBM plc (www.ubm.com)
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