VC-backed Apptio files for IPO

Bellevue, Washington-based Apptio, a provider of tech business management software, has filed for an IPO. The number of shares that will be sold as well as the stock's pricing terms have yet to be set. Goldman Sachs, J.P. Morgan Securities LLC and BofA Merrill Lynch will serve as the lead underwriters. Apptio's backers include Janus Capital, the Hillman Company, Andreessen Horowitz, Greylock Partners, Madrona Venture Group, Shasta Ventures and T. Rowe Price Associates.

29 August 2016•2 mins read
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