founder dave stephens noah eisner headquarters san mateo california u.s. area served world wide key people rob bernshteyn ceo and 800 employees products cloud spend management software procurement invoicing and expense management 1 website coupa.com coupa is a cloud based spend management software company located in san mateo 2 california . the company was founded in 2006 3 by dave stephens and noah eisner . 3 stephens and eisner previously worked at oracle enterprise procurement applications . 3 rob bernshteyn joined coupa as ceo in february 2009 after serving as vice president of global product marketing and management at successfactors inc. 4 former yahoo ceo and paypal president scott thompson joined the company s board of directors in april 2013 . in 2014 the company added a new operation in dublin ireland ; 5 paris france and frankfurt germany . coupa s other international operations include its offices in australia and its emea headquarters in the united kingdom rashmi . contents 1 technology 2 misappropriation of trade secrets 3 customers and partners 4 history 4.1 funding 5 awards & accolades 6 references 7 external links technology edit coupa s cloud spend optimization saas product manages indirect purchases invoices and expenses in real time . 6 7 built on coupa s cloud architecture it provides executive dashboards 8 alerts 7 expense management 9 and real time benchmarking 10 into a single user interface . 8 9 this spend optimization software suite focuses on three core spend areas including procurement accounts payable and expense management . coupa is cloud based and built on amazon web services infrastructure . 11 12 in 2007 the company launched a saas software as a service product called coupa on demand for smbs small and midsize businesses . this platform uses amazon s elastic compute cloud web services ec2 . 13 coupa s software is based on the ruby on rails ror platform . 14 12 with ror coupa developed software that helps companies to better monitor costs 15 with less implementation time 16 17 and employee training 18 in 2006 its first free open source product coupa express was built using ror . 19 coupa s application can be accessed by any user via their mobile device browser . in november 2011 coupa released its first spend analysis product called coupa spend optimizer . 20 21 according to coupa this product provides spending insight to employees in both the procurement and finance sectors with its easy to use interface . 22 also users have access to data from other platforms like erp or hr systems so they have a broader understanding of spend across their companies . 23 in august 2012 coupa added an application called coupa contracts to its software suite . companies can use the contracts repository to access their approved contracts and to leverage their negotiated pricing at the time of purchasing . in may 2013 coupa introduced applications coupa sourcing and coupa catalogs . the former makes it easier for companies to run sourcing events with suppliers to save money . with coupa catalogs companies are able to use coupa s software platform as a shopping and catalog management front end to their erp based procurement system . in april 2014 coupa introduced coupa inventory which provides all employees in an organization real time visibility into inventory availability while they are ordering thus reducing wasteful spending . in october 2014 coupa announced an update to its applications which includes new features to optimize spend and supply chain management in the enterprise . 24 misappropriation of trade secrets edit in may 2014 ariba a unit of sap and a competitor of coupa filed a lawsuit alleging that coupa misappropriated ariba trade secrets . on september 24 2015 the parties settled the lawsuit . coupa acknowledged its possession of ariba information and is required to abide by certain procedures to prevent any misappropriation in the future . coupa will pay ariba an undisclosed amount . 25 26 customers and partners edit as of november 2014 coupa indicated it had 450 customers worldwide in 40 countries and in 150 currencies including concentrix coca cola consolidated adidas subway armstrong sears graham packaging bnp paribas td bank 27 28 salesforce.com 11 and rent a center . 2 in 2011 coupa started working with the independent purchasing cooperative ipc of subway to help its franchises in 98 countries with its cost management . 28 salesforce.com has its sales managers use coupa to monitor travel expenses and sales outcomes . 29 rent a center chose coupa because the e procurement product has an amazon like interface which is easy for employees to use . 29 in october 2014 coupa and netsuite nyse n announced a strategic partnership to jointly market the coupa cloud procurement and expense management suiteapp built for netsuite . 30 history edit dave stephens and noah eisner 3 founded coupa in 2006 . 3 stephens and eisner previously worked at oracle enterprise procurement applications . 3 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. 4 since then the company has reported 26 consecutive quarters of subscription revenue growth . 31 in 2011 coupa was named a cool vendor in procurement and sourcing by gartner which cited coupa s solution usability . 32 in 2014 the forrester wave named coupa a market leader . 33 coupa was also positioned in the leaders quadrant of the gartner magic quadrant for procure to pay suites for indirect procurement in march 2015 . 34 former yahoo ceo and paypal president scott thompson joined the company s board of directors in april 2013 . 35 the company expanded globally in 2014 announcing new operations in dublin ireland . 5 coupa s other international operations include its offices in australia and several emea and asia pacific locations . 36 coupa expanded its leadership and governance in 2014 with the hiring of tara ryan as the company s cmo 37 and the appointment of roger siboni as a new member of the company s board of directors . 38 in 2015 coupa appointed todd ford as cfo . 39 in february 2015 coupa acquired the assets of zenpurchase an enterprise procurement software company . 40 in july 2015 coupa acquired invoicesmash an e invoicing vendor 41 and tripscanner an open booking vendor . 42 in january 2016 coupa acquired contractually a cloud based contract management solution . 43 funding edit 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 capital 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 . 2 15 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 . 44 in 2008 coupa received a funding of 6 million from battery ventures and bluerun ventures . 12 in 2007 coupa raised the first round of funding from bluerun ventures 45 46 which was later disclosed as 1.5 million . 12 awards & accolades edit the wall st. journal next big thing award 47 tmc labs innovation award 2012 48 references edit ty mcmahan the wall street journal . new battery ventures gp charged up to ignore status quo . january 6 2012 . retrieved january 30 2012 . a b c silicon valley san jose business journal . coupa raises 12m for cloud spend management . february 15 2011 . retrieved january 30 2012 . a b c d e f coupa software press release march 13 2007 e procurement software innovator coupa secures series a funding . march 13 2007 . retrieved october 31 2013 . a b executive profile rob bernshteyn . businessweek . retrieved 17 november 2014 . a b laughlan stuart 2 september 2014 . coupa s irish eyes are smiling as global customer support moves to europe . diginomica . retrieved 14 november 2014 . jason busch spend matters . new coupa release updated ui features same opinionated spend management attitude part 1 . may 24 2011 . retrieved february 9 2012 . a b jason busch enterprise irregulars . coupa and ariba analyzing competitive claims part 3 . march 9 2010 . retrieved february 9 2012 . a b jason busch spend matters . coupa heads for the clouds eprocurement t & e and beyond part 1 . march 10 2010 . retrieved february 9 2012 . a b peter smith spend matters . introducing coupa got to be a pun there just can t think of it . february 10 2011 . retrieved february 9 2012 . jason busch spend matters . coupa heads for the clouds eprocurement t & e and beyond part 2 . march 18 2010 . retrieved february 9 2012 . a b larry dignan zdnet . five questions with coupa software ceo rob bernshteyn . june 18 2010 . retrieved january 27 2012 . a b c d anthony ha venturebeat . coupa raises 6m to manage business spending . april 9 2008 . retrieved january 27 2012 . larry dignan zdnet . on demand software squared coupa launches saas e procurement system running on amazon s ec2 service . october 19 2007 . retrieved january 30 2012 . jason busch spend matters . coupa and ariba analyzing comparative claims part 2 . february 25 2010 . retrieved january 27 2012 . a b leena rao techcrunch . coupa raises 12 million to help companies spend smarter . february 15 2011 . retrieved january 30 2012 . robin wauters techcrunch . coupa raises 7.5 million helps companies spend smarter . september 1 2009 . retrieved january 16 2012 . dennis howlett zdnet . the clouds are gathering for coupa . august 7 2009 . retrieved january 16 2012 . information management . 5 companies that stand out . november 1 2011 . retrieved january 23 2012 . antone gonsalves informationweek . coupa brings amazon.com look to e procurement . march 21 2007 . retrieved january 30 2012 . justin kern information management . new product news . november 17 2011 . retrieved february 9 2012 . jason busch spend matters . a p2p vendor crosses the analytics line coupa ventures into spend analysis part 2 . november 17 2011 . retrieved february 9 2012 . jason busch spend matters . a p2p vendor crosses the analytics line coupa ventures into spend analysis part 1 . november 16 2011 . retrieved february 9 2012 . peter smith spend matters . coupa get your procurement spend organized . november 16 2011 . retrieved february 9 2012 . du preez derek 17 october 2014 . coupa and netsuite form unique selling partnership . diginomica . retrieved 14 november 2014 . winegarner beth april 2 2014 . rival stole trade secrets on top of copying ip ariba says . law360 . ariba settles trade secrets litigation with coupa . reuters . sep 24 2015 . jeffrey kaplan datamation . subway heads down the cloud computing highway . july 21 2011 . retrieved january 30 2012 . a b patrick thibodeau computerworld . subway changes its menu adds saas . july 20 2011 . retrieved january 30 2012 . a b david f. carr forbes . taking the