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IPO bound? Apptio hires Amazon and Microsoft vets, names former Microsoft CFO Peter Klein to board

Fast-growing Apptio is deepening its bench of management talent, attracting some heavyweights from Microsoft and Amazon.com. The Bellevue company, which raised $50 million in venture funding last year and another $45 million this past May, has named former Amazon.com vice president of investor relations Sean Boyle as CFO and former Microsoft corporate vice president Ted… Read More

Apptio CEO Sunny Gupta

Apptio raises $45 million at a hefty valuation, plans to accelerate ‘on all fronts’

Apptio is not playing small ball. Just 14 months after raising a $50 million venture round, Bellevue-based Apptio is back with a little more cash in its pocket. The company, which offers on-demand software and services for managing corporate IT departments, today is announcing that it has raised another $45 million in series E funding. It marks… Read More

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GeekWire Awards: Vote for the ‘Next Tech Titan’

Today’s featured category in the GeekWire Awards voting is a big one, literally. The Next Tech Titan — brought to you by Wave Business Solutions — will reward the company that’s moving from the tough trenches of startup land to the big leagues. The Pacific Northwest is loaded with those up-and-comer companies, and our judges… Read More

John McAdam, right, interviewed by Ed Lazwoska, at the Tech Alliance luncheon in Seattle

F5 CEO John McAdam joins the board of Apptio

John McAdam is a man in high demand. The CEO of F5 Networks, the Seattle networking and software powerhouse, joined the board of Tableau Software two months ago. Now, he’s aligning himself with another of the region’s most promising enterprise software companies: Apptio.  McAdam today was announced as the newest board member of Apptio, a fast-growing… Read More

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Year in review: Vote for the top Seattle tech story of 2012

It’s been quite the year in Seattle technology. Amazon.com kept growing. Microsoft kept transforming. And several startups raised huge rounds of cash as they looked to become the next Microsoft or Amazon. In case your head was filled with too many Tweets and Facebook posts to keep up, here’s a handy look back at the biggest… Read More

Sunny Gupta, CEO of Apptio

Newsmakers 2012: Apptio’s Sunny Gupta swings for the fences

The thing we’ve always liked about Sunny Gupta is that he’s not playing “small ball.” Nope, the entrepreneur is taking a big swing for the fences with Apptio, a Bellevue company that’s developing new ways for corporate IT departments to manage costs. And Gupta, who previously co-founded iConclude, took a big step up to the plate… Read More

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Ignition bankrolls Ratify to help corporations view network data in one spot

Ratify, a Bellevue startup that’s developing technologies to allow corporations to view network data in one place, has landed $2 million in venture funding from Ignition Partners and Jafco Ventures, according to a SEC filing. The company is led by former Microsoft Vice President Kurt Kolb, who previously led the software giant’s worldwide OEM licensing, anti-piracy… Read More

Bob Kimball (RealNetworks photo)

Fast-growing Apptio hires former RealNetworks CEO Kimball to lead operations

Apptio, fresh off a $50 million funding round, has hired former Real Networks CEO Bob Kimball as its new executive vice president of operations and corporate development, GeekWire has learned. It’s a high-profile hire, and another hint that Apptio CEO Sunny Gupta is prepping the company for a possible IPO. The Bellevue-based company hasn’t yet publicly… Read More

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Geek of the Week: Apptio’s Bruce Henry, from nuclear physics to enterprise software

 Bruce Henry has worked for years in the technology industry, currently at Seattle’s Apptio, where he describes himself as a “process and organizational change ninja.” But he didn’t start out in the software industry. His degrees are in physics. It’s an unusual transition, but it was his ownership of a propeller beanie that truly sealed… Read More

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Washington state ranks 5th in venture capital investments

Washington state is once again climbing into the top echelon when it comes to venture capital investing, ranking fifth in the dollars invested and sixth in deals, according to a report out today from DowJones Venture Source. Twenty seven companies in the state attracted $164 million during the quarter, ranking behind New York, Texas, Massachusetts… Read More

Sunny Gupta interviewed at 2011 the Seattle 2.0 Awards

Apptio raises $50M in new funding, led by T. Rowe Price

Apptio, moving further down the path toward a possible IPO, today announced a $50 million funding round led by T. Rowe Price — a significant injection of capital for the Seattle-area company and one of the largest venture capital financings in the Pacific Northwest in the past five years. The company, which offers on-demand software… Read More