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General Information


11100 NE 8th Street
6th Floor
Bellevue, WA, 98004
US East
4000 Centre Green
Suite 100
Cary, NC, 27513
55 Old Broad Street
7th Floor
London, EC2M 1RX, GBR


Chairman, Board of Directors
SVP Sales
VP SaaS Operations
President Field Operations
Board Member
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Apptio develops technology business management SaaS.

Apptio software enables the assessment of IT service costs and communicates those costs to corporate leaders for planning, budgeting and forecasting purposes. The company was founded in 2007 and is based in Bellevue, Washington. Apptio has more than 440 employees and 175 global customers, which include small companies as well as corporations such as Bank of America, Cisco, Microsoft, Starbucks, JPMorgan Chase, Goldman Sachs, Boeing, Target, Xerox, Coca-Cola and DirecTV.

Apptio was the first investment for leading Silicon Valley venture capital firm Andreessen Horowitz and has raised a total of $136 million from investors that also include Greylock Partners, Madrona Venture Group, Janus Capital and T. Rowe Price.

In 2008, Apptio founded the Technology Business Management Council, a non-profit that currently has over 1,100 CIOs and other senior IT leaders. The council “aims to help IT departments run like businesses by setting standards and best practices,” according to Puget Sound Business Journal. Its first conference was held in November 2013 with more than 450 members and partners in attendance.

Apptio has been recognized by Seattle Business magazine as being among the 100 Best Companies to Work For: Large Companies (2012) and received the magazine’s 2012 Tech Impact Award for Enterprise Computing. In 2014, The Seattle Times called Apptio “the region’s next big tech company.”

For more information on Apptio, please visit or the Lean IT blog at

Recent Milestones

  • Check
    Apptio added Alex Shootman as President Field Operations. (10/30/13)
    Posted 11/10/13 at 4:30pm
  • Dollar
    Apptio received $45M in Series E funding. (5/15/13)
    Posted 5/15/13 at 2:53pm via
  • Dollar
    Apptio received in Secondary Market Transaction funding. (1/1/13)
    Posted 12/6/13 at 11:03am
  • Check
    Apptio added Brett Helsel as SVP of Engineering Operations. (11/1/12)
    Posted 1/21/13 at 11:05am
  • Dollar
    Apptio received $50M in Series D funding. (3/15/12)
    Posted 3/15/12 at 4:13pm via
  • Check
    Apptio added Bob Kimball as EVP Operations and Corporate Development. (3/1/12)
    Posted 1/21/13 at 11:05am
  • Dollar
    Apptio received $3.5M in Series C funding. (11/4/10)
    Posted 11/4/10 at 9:03pm via
  • Check
    Apptio added Chris Pick as CMO. (9/1/10)
    Posted 10/4/11 at 3:34am
  • Dollar
    Apptio received $16.5M in Series C funding. (8/31/10)
    Posted 8/31/10 at 3:16am via
  • Check
    Apptio — Apptio named in Lead411's Hottest Seattle Companies list (6/8/10)
    Posted 6/15/10 at 8:40am via
  • Dollar
    Apptio received $14M in Series B funding. (8/18/09)
    Posted 8/18/09 at 1:22pm via
  • Dollar
    Apptio received $7M in Series A funding. (11/15/07)
    Posted 8/18/09 at 1:22pm via
  • Check
    Apptio added Michel Feaster as VP Products.
    Posted 10/4/11 at 3:34am
  • Check
    Apptio added Mark Jancola as VP SaaS Operations.
    Posted 10/4/11 at 3:34am
  • Check
    Apptio added Larry Blasco as SVP Sales.
    Posted 10/4/11 at 3:34am
  • Check
    Apptio added Don Duet as Strategic Advisor.
    Posted 1/21/13 at 11:06am



Apptio screenshot
Above: Home Page
Uploaded: 4/25/13
Apptio screenshot
Above: Home Page
Uploaded: 2/27/14


Bill of IT
IT Benchmarking
IT Planning
IT Service Costing
IT Service Performance


  1. CBSE time table 2014 ( [edit]
  2. Apptio raises $14 million from Andreessen fund ( [edit]
  3. Apptio Raises $16.5 Million From Andreessen Horowitz, Greylock And Others ( [edit]
  4. Billing Software Co. Apptio Adds Cisco, $3.5M To Cap Table ( [edit]
  5. Apptio Raises Another $50 Million In Series D Round - TechCrunch ( [edit]
  6. Citation Needed [add]
  7. Apptio Closes $45M Series E Funding ( [edit]
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Last Edited 4/13/14

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