Puget Sound Business Journal
September 02, 2010
Venture capital can be a brutal, brutal game. Just ask John Connors, the former Microsoft chief financial officer who now serves as a partner at Ignition Partners in Bellevue. Ignition had the foresight to bankroll one of the Seattle area's most promising up-and-comers when it invested in Apptio. But when Apptio announced its $16.5 million third round of financing this week, Ignition was nowhere to be found. What happened? Quite simply, Connors admits that he screwed up.
Sys-Con Media
September 01, 2010
Apptio, a provider of on-demand Technology Business Management (TBM) solutions, on Wednesday announced new capabilities that track the cost, quality and utilization of private cloud infrastructures.
Silicon India
September 01, 2010
"The latest round of funding will be used to expand Apptio's reach over the next 12 months - increasing sales and marketing throughout North America and Europe to help build out to new markets, and launching a number of new products and capabilities, all aimed to "help CIOs manage their business better," said Sunny Gupta, Co-Founder and CEO, Apptio.
TMCnet
September 01, 2010
Looking to fasten growth into new markets and capitalize on the untapped market opportunity for its solutions, Apptio, a provider of on-demand Technology Business Management (TBM) solutions, has announced an oversubscribed $16.5 million series C round of funding led by Shasta Ventures.
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.

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