Digital Fuel

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Digital Fuel
Company typePrivate
IndustrySoftware as a service
Founded2000
HeadquartersLos Angeles, CA,
United states
ParentVMware (2011-2016)

Skyview LLC (2016-2018)

Apptio (2018-current)

Digital Fuel is a provider of IT financial management software. The company's headquarters is in Los Angeles, California.[1]

History

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Digital Fuel was co-founded in 2000 by Benny Lehmann, Israel Dancziger, Gilad Raz and Yakov Kogan who served as the company's CEO, CTO, and vice president of engineering, respectively.[1] Digital Fuel's ServiceFlow software was originally sold to corporate IT teams and to service providers to help them manage service level agreements (SLAs) for outsourcing agreements.[2]

In 2008, Digital Fuel expanded its product line to include IT financial management tools.[3][4]

Digital Fuel has raised over $30m in funding from investors including Apax Partners, Benchmark Capital, Israel Seed Partners, and Sigma Partners.[5]

In June 2011, VMware purchased Digital Fuel for $85 million.[1][6][7]

In September 2016, Skyview Capital acquired Digital Fuel from VMware.[8]

In February 2018, Apptio, Inc. acquired Digital Fuel from Skyview Capital.[9]

See also

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References

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  1. ^ a b c Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  2. ^ Goolsby, Kathleen. Outsourcing Journal, (6/08) "How Service Management Software Solutions Enhance Outsourcing Relationships"
  3. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  4. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
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  7. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  8. ^ http://www.skyviewcapital.com/news/skyview/ https://www.prweb.com/releases/skyview_capital_acquires_vmware_s_vrealize_business_enterprise_and_it_benchmarking_solutions/prweb13675102.htm
  9. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).