News Coverage

The Seattle Times
September 25, 2016
Apptio, the Bellevue company that just completed its initial stock offering, developed a business on the core idea of helping corporations take their financial data and IT usage data and bring them into one automated system.
Business Insider
September 23, 2016
Apptio's CEO Sunny Gupta told Business Insider that the bar for being a public company is much higher now than in previous years, as investors are paying much more attention to a combination of growth and being cash flow positive. 
CIO Dive
September 23, 2016
Apptio announced the pricing of their initial public offering Thursday and began trading Friday, according to an announcement. The 9-year-old Bellevue, WA-based company is looking to raise $96 million with the IPO, with 6 million shares available at $16 per share. The company has raised about $136 million in funding from venture capital firms so far. 

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Press Releases

News Release
March 24, 2016
In Response to Growing Demand for TBM, Organization Delivers Business Management System to French CIOs
News Release
March 09, 2016
Apptio, the leading provider of cloud-based Technology Business Management (TBM) software, today announced new Contract and Asset planning capabilities for its IT Planning Foundation application. Combined with existing planning functionality, CIOs, IT finance teams and budget owners now have detailed visibility into their resource investments in labor, traditional and cloud-based vendor contracts and IT assets. According to Apptio's IT Economics Report, these three investment categories account for approximately 95 percent of IT organizational spend.
News Release
December 08, 2015
Apptio, the leading provider of cloud-based Technology Business Management (TBM) software, today announced the expansion of its Engineering organization to the Denver area. The new office will be led by Stephen Younge, senior director of engineering, who will focus on recruiting local talent to accelerate the development of the company's IT Planning products.

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