September 26, 2016
Apptio sells software that help companies centralize information about what they spend on their other infrastructure—everything from their own data center equipment to cloud software application—and assess the impact of that spending alongside other business metrics.
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.
September 22, 2016
Apptio, Inc. (NASDAQ: APTI), the leading provider of cloud-based Technology Business Management (TBM) software, today announced the pricing of its initial public offering of 6,000,000 shares of Class A common stock at a price to the public of $16.00 per share. In addition, Apptio has granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of Class A common stock at the initial public offering price. Apptio's Class A common stock is expected to begin trading on the NASDAQ Global Market under the symbol "APTI" on September 23, 2016. The offering is expected to close on September 28, 2016, subject to customary closing conditions.
August 26, 2016
Apptio, Inc., the leading provider of cloud-based Technology Business Management (TBM) software, today announced that it has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined.