The Seattle Times
August 31, 2010
Seattle enterprise software vendor Apptio raised a whopping $16.5 million in a third round of funding that positions the company to pursue a public offering next. Apptio will use the funding to push into new markets and generally grow its business. It plans to add 30 employees by the end of the year, after hiring 30 since January. It currently has 85 employees.
Northwest Innovation
August 31, 2010
Seattle-based Apptio said this morning that it has raised $16.5M in a Series C funding round. The round was led by Shasta Ventures, and also included current investors Andreessen Horowitz, Greylock Partners and Madrona Venture Group.
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.

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