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

gupta-apptio

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…

Fast-growing Apptio opens new HQ, plans hiring surge of more than 100 in 2013

gupta-apptio

Bellevue-based Apptio has a new logo, a new headquarters and a growing slate of new customers. But one thing remains the same: The company’s mission to transform the way CIOs manage and monitor IT spending. Things are going well for the Sunny Gupta-led company, which showed off its new HQ at an open house Thursday… Read More…

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

Sunny Gupta, CEO and Co-Founder of Apptio

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…

Apptio’s valuation pegged at $600 million: Could IPO come next?

Sunny Gupta, CEO and Co-Founder of Apptio

New details are emerging about Apptio’s huge $50 million venture round, which closed six months ago from T. Rowe Price, Madrona Venture Group and others. Fortune’s Dan Primack reports today that Apptio’s valuation at the time was a whopping $700 million, and likely has climbed higher in recent months. We reached out to Apptio, and… Read More…

Best of Startup Day: Sunny Gupta’s lessons on raising venture capital

Sunny Gupta, CEO and Co-Founder of Apptio

We’re continuing our build-up to GeekWire Startup Day — taking place Sept. 22 at Meydenbauer Center in Bellevue— with videos from some of the notable presenters from past years. Today, we’re going back into the archive to 2010, featuring Apptio’s Sunny Gupta and his insights on what it takes to raise venture capital. Gupta is a pro… Read More…

Here are 5 tech companies from Seattle that could take the IPO plunge in 2012

plunge1-bigstock_Man_And_Woman_Diving_319268

The world may be waiting on a Facebook IPO. And while there’s some chatter about whether the $5 billion public offering from the social networking giant will open the floodgates for tech offerings, The Wall Street Journal today notes that it might be a new breed that actually woos Wall Street: enterprise IT companies. That’s… Read More…

Holy cow! Apptio on pace to top $50 million in bookings this year

Sunny Gupta interviewed at 2011 the Seattle 2.0 Awards

Apptio CEO Sunny Gupta has been talking for some time now about building the next big enterprise software company in the Northwest. On Tuesday, we got some details on just how far the entrepreneur has come in attaining that goal. Speaking at the WTIA’s TechNW event in Seattle, Gupta noted that Apptio is on course for… Read More…

Inrix CEO: Seattle tech scene gets solid A (with one exception)

misteles

Inrix CEO Bryan Mistele knows just how hard it is to raise venture capital. Before the company grew to more than 275 employees, the entrepreneur said that he pitched the concept to 70 venture capitalists. All of them said no. Mistele recalled that story today during one of the most informative panels at the WTIA’s… Read More…