Apptio, a provider of Technology Business Management (TBM) solutions has raised $50 million in a Series D funding round. T. Rowe Price Associates, Inc. led the round and were also joined by existing investors Andreessen Horowitz, Greylock Partners, Madrona Venture Group and Shasta Ventures. The new round of capital will be used to further invest in the development of the company's TBM platform, expand market penetration, drive customer success, and maintain its independence as the industry's trusted provider of TBM solutions. The Series D round brings the total amount raised by Apptio to $91 million.
AppFirst has launched its SaaS-based application performance monitoring service and said that it has raised an undisclosed amount of capital from FirstMark Capital and First Round Capital. The company disclosed $1M in funding in a regulatory filing.