Deutsche Telekom Capital Partners returned for a round that boosted the enterprise architecture technology developer's total funding to approximately $40m.

Germany-based enterprise software technology producer LeanIX completed a $30m series C round yesterday featuring Deutsche Telekom Capital Partners (DTCP), the corporate venturing arm of telecommunications firm Deutsche Telekom.

Venture capital and private equity firm Insight Venture Partners led the round, which included VC firms Capnamic Ventures and Iris Capital. Teddie Wardi, principal of Insight Venture Partners, will join the company’s board of directors.

Founded in 2012, LeanIX provides enterprise architecture (EA) management software that helps businesses leverage data to make…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.