Digital Fuel Technologies

Digital Fuel Technologies Inc.Digital Fuel Technologies Inc. specializes in IT Financial Management solutions, focusing on helping organizations manage their technology investments. Founded in 2000 in San Mateo, US, the company has undergone a significant transition since its acquisition by VMware on June 13, 2011, marking a pivotal moment in its operational strategy. The founders include Anuj Chauhan, Gilad Raz, Kurt Shintaffer, and Paul Mclachlan, with Anuj Chauhan currently serving as CEO.Digital Fuel Technologies Inc. offers a range of IT Financial Management (ITFM) solutions designed to assist organizations in controlling their IT expenditures and improving operational efficiency. Their core products encompass Apptio Costing, Apptio Planning, Apptio Billing, and Apptio Benchmarking, each specifically developed to address unique challenges in managing technology costs.Digital Fuel Technologies generates revenue primarily through subscription-based models for its ITFM products. Clients engage in annual or multi-year subscriptions that grant access to the cloud-based platform and its features.Looking ahead, Digital Fuel Technologies aims to further enhance its product offerings and expand its market presence. While specific upcoming products have not been detailed, the company is likely focused on developing innovative solutions to meet evolving client needs. Plans are underway to expand into additional regions beyond its current footprint, although specific markets have not been disclosed.

1. Series C

   Mar 9, 2007

   Amount

   $5M

   Investors

   Locked

2. Series D

   Jan 5, 2005

   Amount

   $20M

   Investors

   Locked

3. Series C

   Jul 8, 2003

   Amount

   $8M

   Investors

   Locked

4. Series B

   Jan 28, 2002

   Amount

   $4.3M

   Investors

   Locked