Apptio Garners $16,500,000 Series C Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b52f2c41-630d-4745-92a6-fa7f845432fe&Preview=1 -
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
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Venture Investor
Shasta Ventures -
Venture Investor
Greylock Partners -
Venture Investor
Andreessen Horowitz -
Venture Investor
Madrona Venture Group
