| Website | apptio.com/index.php |
| Category | Software |
| Employees | |
| Founded | 11/07 |
| Description | IT Cost Transparency Software |
| Total | $21M |
| Series A, 2007 Greylock Partners Madrona Venture Group | $7M |
| Series B, 8/09 Andreessen Horowitz Shasta Ventures Madrona Venture Group Greylock Partners | $14M |
Apptio is a provider of on demand IT Cost Transparency solutions. Apptio’s IT Cost Transparency solutions are designed to provide greater visibility into the cost, utilization and operations of IT products and services so that businesses can identify ways to reduce IT costs, make better IT decisions and benefit from more proactive IT Demand Management. Capabilities include template driven IT cost modeling, interactive reporting and analytics, and business facing IT demand management.
Founded in 2007, Apptio is backed by Greylock Partners, Madrona Venture Group, Andreessen-Horowitz, Ignition Partners and Shasta Ventures.