Puget Sound Business Journal
November 18, 2010
Microsoft will buy Nokia in 2011. Amazon.com will spin out its Web Services unit. And don't look for Facebook to conduct an IPO next year. Those were some of the bold predictions last night as the Washington Technology Industry Association hosted their annual predictions dinner at Herban Feast in Seattle's SoDo neighborhood.
Network World
November 04, 2010
Cisco has invested in Apptio, a maker of "technology business management" software. What's TBM, you ask? It's applications that provide insight into the cost, quality and value of IT to business objectives. It helps makes IT a business asset rather than a business expense.
November 04, 2010
Apptio, which makes on-demand software that tracks technology investments, said Thursday that it has landed an equity investment from Cisco Systems as well as a reseller partnership. The company raised another $3.5 million from Cisco and current investors Andreessen Horowitz, Greylock Partners, Madrona Venture Group and Shasta Ventures.
November 04, 2010
Software-as-a-Service upstart Apptio on Thursday said it completed a Series C rounding of equity investment, and also announced a reseller relationship with one of its strategic investors, Cisco (NSDQ:CSCO).
The New York Times
November 04, 2010
Apptio, a provider of an analytics suite for IT executives, announced today that it completed a fundraising round worth $20 million that was oversubscribed from its original goal of $16.5 million thanks to an investment from Cisco Systems.