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SEATTLE, WA -- (Marketwire) -- 06/15/12 -- Apptio, the leading provider of on-demand Technology Business Management (TBM) solutions, today announced it was recognized by Seattle Business magazine as the overall winner of this year's 'Best Companies to Work For' award in the large-sized company category. In 2011, Apptio was named third place winner in the mid-sized company category out of over 400 applicants. Seattle Business magazine's 'Best Companies to Work For' recognizes businesses that are setting the standards for leadership, benefits, work environment, innovative training programs, happiest employees and more.

"The Pacific Northwest is one of the most competitive regions in the nation in terms of attracting top technical talent, especially as technology juggernauts like Facebook and Google have opened offices in the area," said Sunny Gupta, co-founder, president and CEO at Apptio. "It's not often you have the chance to create an entirely new software category and our employees thrive on this challenge. Even though our company has grown significantly over the past few years, we have not lost sight of what motivates and inspires people, which is one of the reasons why our employees consistently rate Apptio as a great place to work."

Backed by $91M in funding from Andreessen Horowitz, Greylock Partners, Madrona Venture Group, T. Rowe Price and others, Apptio has pioneered the Technology Business Management software category. Over 90 enterprise customers, including Bank of America, Boeing, Facebook, Microsoft, The Clorox Company, and JPMorgan Chase, use Apptio to manage and communicate the cost, quality and value of IT services. In response to strong market demand, Apptio has nearly tripled its employees from 115 in December 2010 to more than 300 today.

"The companies on our 100 Best Companies to Work For list have created better workplaces by addressing such issues as communication, leadership and culture," said Leslie Helm, editor of Seattle Business magazine. "As the economy recovers and competition for talent intensifies, these companies will have an edge."

The 2012 Best Companies to Work For award winners were given special recognition at the annual awards banquet on June 14, at the Seattle Westin. The full list of winners is available at www.seattlebusinessmag.com, and will be featured in the July issue of Seattle Business magazine.

About Apptio
Apptio is the leading independent provider of on-demand Technology Business Management (TBM) solutions for managing the business of IT. Apptio enables IT leaders to manage the cost, quality and value of IT services by providing deep visibility into the total cost of IT services, communicating the value of IT to the business through an interactive "Bill of IT," and strategically aligning the planning, budgeting and forecasting processes. Apptio's TBM solutions play a critical role in helping companies understand and drive chargeback, virtualization, Cloud and other key technology initiatives. Global enterprise customers such as Bank of America, Boeing, JPMorgan Chase, Microsoft, St. Luke's Health System, and Swiss Re rely on Apptio to reduce costs and align IT with business priorities. For more information, visit the Apptio website or the Apptio blog.

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