Apptio, which provides on-demand IT management solutions, filed on Friday with the SEC to raise up to $75 million in an initial public offering.
The Bellevue, WA-based company was founded in 2007 and booked $143 million in sales for the 12 months ended June 30, 2016. It plans to list on the Nasdaq under the symbol APTI. Goldman Sachs, J.P. Morgan and BofA Merrill Lynch are the joint bookrunners on the deal. No pricing terms were disclosed.
