The additional $3.5m from the consortium comes with an agreement by Cisco to use Apptio's technology.
Computer server company Cisco Systems has joined the investment consortium for Apptio, a US-based software as a service provider to track the cost of information technology products, to close its C round at $20m.
The additional $3.5m from the consortium came with an agreement by Cisco to use Apptio’s technology business management service with businesses needing data centre virtualization, borderless networks and collaboration.
Bill Ruh, vice president and general manager of Advanced Services at Cisco, said: "By integrating Apptio solutions,…
