Puget Sound Business Journal
August 31, 2010
Apptio Tuesday is announcing an oversubscribed $16.5 million venture round from existing investors including Madrona Venture Group, Greylock and Andreessen Horowitz.
Gigaom
August 31, 2010
Apptio, a Bellevue, Wash.-based enterprise software company, today said it’s raised a $16.5 million Series C round of funding led by Shasta Ventures, which includes participation from current investors Andreessen Horowitz, Greylock Partners and Madrona Venture Group just a year after the last round.
TechCrunch
August 31, 2010
Apptio, a Bellevue, Washington-based provider of SaaS-delivered Technology Business Management solutions this morning announced that it has closed a $16.5 million Series C round – the company has now raised up to $37.5 million in venture capital.
Dow Jones
August 31, 2010
Its SaaS product has gotten a boost in sales due to expanding budgets and virtualization issues.
CIOZone.com
July 27, 2010
There's nothing wrong with spreadsheets, of course. They've been around for decades and will be around for decades more. But when you're in an organization that's employing dashboards to provide top executives with practically real-time data on costs and profitability down to the service or product line for non-IT items, it does make IT look a little behind the curve to still be typing data into Excel cells.

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