Based in Bellevue, Washington, Apptio has raised $45 million in Series B funding. The company raised $50 million in venture funding 14 months ago. Apptio sells on-demand software and services to manage corporate IT departments.
T. Rowe Price Posts
Eventbrite is an online ticketing company that has raised $60 million in growth funding from Tiger Global Management and T. Rowe Price. Before this round of funding, there was speculation that Eventbrite was going to go public soon. Eventbrite will be using the funding to continue “innovating” and “building.”
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LivingSocial has announced today that they raised $110 million. The company has raised a total of over $800 million since being founded in 2007. Investors in this round include Steve Case, Grotech Ventures, Revolution Ventures, U.S. Venture Partners, Lightspeed Venture Partners, JP Morgan, T. Rowe Price, and Amazon.com. Amazon previously invested $175 million into the company for a 29% stake.
New Relic is an app performance company that has raised $80 million as they look into going public. Insight Venture Partners led the round of funding. Other participants in this round of funding include T. Rowe Price, Dragoneer Investment Group LLC, Passport Ventures LLC, Benchmark Capital, Trinity Ventures, Tenaya Capital, and Allen & Company.
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Evernote is a personal data and productivity application that has over 45 million users. The company has raised another $85 million in funding. Around $63.75 million of that amount is in the form of a secondary investment. Evernote’s valuation is now at around $2 billion.
Mobile payments company Square is getting close to raising about $200 million in a round of funding led by Rizvi Traverse Management according to The New York Times. Square would have a valuation of $3.25 billion, which is double what they were worth about a year ago.
Workday is an enterprise software company that was started by former PeopleSoft executives David Duffield and Aneel Bhusri. Workday has filed for an IPO with the SEC confidentially by making use of a provision of the JOBS Act that lets companies keep financial details private during the earlier stages of the registration process.