{"id":7417,"date":"2013-05-15T18:36:00","date_gmt":"2013-05-15T18:36:00","guid":{"rendered":"http:\/\/cloudcomputing.sys-con.com\/node\/2661039"},"modified":"2013-05-15T18:36:00","modified_gmt":"2013-05-15T18:36:00","slug":"apptio-closes-45-million-e-round","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/apptio-closes-45-million-e-round\/","title":{"rendered":"Apptio Closes $45 Million E Round"},"content":{"rendered":"<p>Apptio, which knows how to gauge the total cost of IT services, has gotten a mighty $45 million E round that it means to invest in its platform and its international expansion, immediately in Western Europe.<br \/>\nCounting the new money the company has now seen $136 million in funding since late 2007.<br \/>\nThe latest round was led by new investments from funds managed by Janus Capital, the Hillman Company, and a secret unnamed global institutional investor.<br \/>\nExisting investors Andreessen Horowitz, Greylock Partners, Madrona Venture Group, Shasta Ventures and T. Rowe Price also kicked in.<br \/>\nApptio figures \u201cIT costs are moving from fixed to variable, computing assets are shifting from owned to shared, and business executives increasingly expect the CIO to play a more strategic role, spending less resources \u2018keeping the lights on\u2019 and more on innovation that drives the business forward.\u201d It positions its TBM widgetry as a \u201cmust have\u201d set of business management applications and analytics for the Global 2000. <\/p>\n<p><a href=\"http:\/\/cloudcomputing.sys-con.com\/node\/2661039\" >read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apptio, which knows how to gauge the total cost of IT services, has gotten a mighty $45 million E round that it means to invest in its platform and its international expansion, immediately in Western Europe.<br \/>\nCounting the new money the company has now &#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7417","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/7417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=7417"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/7417\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=7417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=7417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=7417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}