Apptio Garners $16,500,000 Series C Financing

  • Feed Type
  • Date
    8/31/2010
  • Company Name
    Apptio
  • Mailing Address
    10900 NE 4th Street Bellevue, WA 98004
  • Company Description
    Apptio is an early stage software-as-a-service (SaaS) company focused on enabling IT organizations to optimize their services and operations.
  • Website
    http://www.apptio.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,500,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    Customer adoption of our Technology Business Management solutions has doubled, and with this funding we can rapidly accelerate our growth, launch new products and pursue new markets to further cement our leadership in this multi-billion dollar market.
  • M&A Terms
  • Venture Investor
    Shasta Ventures
  • Venture Investor
    Greylock Partners
  • Venture Investor
    Andreessen Horowitz
  • Venture Investor
    Madrona Venture Group