News Coverage

Puget Sound Business Journal
June 06, 2013
Managing an IT department has become much more complex and lately many of the largest IT departments are run by people with finance backgrounds rather than techies. On Tuesday, a nonprofit affiliated with Apptio brought together nearly 600 IT professionals and CIOs to talk about the business of IT via Polycom video conference centers from London to Chicago to Seattle. Top-level tech executives from eBay, Goldman Sachs and Freddie Mac talked about creative ways they’ve found to cut costs and create transparency in their departments.
Reuters
May 16, 2013
Apptio, a start-up that helps big companies like Boeing Co track billions of dollars in technology spending, said on Wednesday that it raised $45 million from institutional investment firms including Janus Capital Group. T. Rowe Price, The Hillman Company, the investment firm of billionaire Henry Hillman; and existing venture capital backers including Andreessen Horowitz, Greylock Partners and Madrona Venture Group, also invested. Apptio is one of a slew of start-ups that have sprouted to help enterprises use cloud computing services more. Apptio is a partner of Amazon Web Services, the cloud business of online retail giant Amazon.com Inc.
InformationWeek
May 15, 2013
Apptio, the firm that says it wants to be the "Workday for technology business management," has just secured extra investment to help it get it there. "We want to be the business application to help the CIO run their operations as efficiently as they can," Apptio CEO Sunny Gupta told InformationWeek during a visit to Europe to start building his firm's momentum in what he says is a key geography for the company going forward.

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Press Releases

News Release
September 28, 2009
Larry Blasko Joins as VP of Sales and Michel Feaster Takes the Helm as VP of Products
News Release
August 18, 2009
Andreessen Horowitz and Shasta Ventures join Greylock and Madrona to Accelerate Growth of the Leading IT Financial Management Provider
News Release
August 17, 2009
Apptio’s IT Financial Management Software Helps Enterprise IT Departments Improve Their Cost Efficiency

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