Apptio Raises $16.5 Million From Andreessen Horowitz, Greylock And Others

Apptio , a Bellevue, Washington-based provider of SaaS-delivered Technology Business Management solutions this morning announced that it has closed a $16.5 million Series C round - the company has now raised up to $37.5 million in venture capital. The financing round, which the company says was oversubscribed, was led by Shasta Ventures , with participation from all current investors including Andreessen Horowitz , Greylock Partners and Madrona Venture Group .