On September 23, 2016, Apptio raised $96 million with its IPO.[20] On February 2, 2018, Apptio completed the acquisition of Digital Fuel SV, LLC, a provider of IT business management (ITBM) tools.[3] Currently, Apptio has plans to expand their footprint by creating and operating a Tier 1 Center of Excellence in Bengaluru, Karnataka, India.