VC-backed Apptio raises $96 mln for IPO
Bellevue, Washington-based Apptio, a provider of tech business management software, has debuted its IPO after pricing its 6 million shares at $16 per share. The stock began trading September 23, 2016 on the NASDAQ under the ticker symbol "APTI." Goldman Sachs, J.P. Morgan Securities LLC and BofA Merrill Lynch are serving as the lead underwriters. Apptio’s backers included Janus Capital, Hillman Company, Andreessen Horowitz, Greylock Partners, Madrona Venture Group, Shasta Ventures and T. Rowe Price Associates.
23 September 2016•2 mins read
