Private Equity Portfolio
Leading provider of technology business management solutions for large enterprises, mid-market customers, and the public sector.
Apptio develops SaaS solutions that enable businesses to assess and communicate the cost of IT services for planning, budgeting, and forecasting. The Company’s cloud-based applications allow IT leaders to manage, plan, and optimize technology investments across on-premises and cloud. With Apptio, IT leaders become strategic partners and are able to better demonstrate the value of IT investments to accelerate innovation and shift technology investments to focus on digital innovation.
Apptio was founded in 2007 and is based in Bellevue, WA.
Vista Equity Partners Fund VI completed a take-private of Apptio in January 2019.
Cloudability is a leading provider of Cloud Cost Management solutions for large-enterprises, mid-market customers, and the public sector, helping customers predict and optimize cloud spend across all major providers. The Company allows enterprises the ability to analyze, allocate, and control cloud costs while right-sizing and optimizing the deployment of their cloud infrastructure. Cloudability serves hundreds of customers around the globe and manages billions of dollars in enterprise cloud spending across AWS, Microsoft Azure, and Google Cloud.
Apptio acquired Cloudability in May 2019.