Apptio Receives $50,000,000 Series D Financing

  • Feed Type
  • Date
    3/16/2012
  • Company Name
    Apptio
  • Mailing Address
    225 108th Ave. NE. 2nd floor 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
    $50,000,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    The new round of capital will be used to further invest in the development of the company’s TBM platform, expand market penetration, drive customer success, and maintain its independence as the industry’s trusted provider of TBM solutions.
  • M&A Terms
  • Venture Investor
    T. Rowe Price
  • Venture Investor
    Andreessen Horowitz
  • Venture Investor
    Greylock Partners
  • Venture Investor
    Madrona Venture Group
  • Venture Investor
    Shasta Ventures

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