The company has raised a total of USD $261 Million in eight funding rounds, according to CrunchBase. Cloudability has a post-money valuation in the range of $100M to $500M as of Jul 26, 2016, according to PrivCo. Apptio recently announced that it has completed the acquisition of Cloudability. Apptio also hasn't revealed Cloudability's purchase price, but Gupta said it was his company's largest acquisition. Its platform aggregates expenditures into accessible and comprehensive reports that identify and allocate cloud costs using accurate, precise data in real-time using enterprise-scale analysis and machine learning that enables IT, Advance Renewal: Renewal of an agreement prior to its expiry. The agreement may refer to any business arrangement between two entities, from … Petra Acquisition Inc. The financial terms of transactions are not disclosed. Founded in 2007, Washignton based Apptio uses machine learning to provide a multi-cloud cost management solution to enterprises. Apptio aims to give IT leaders a full picture of their technology spending and announced the acquisition of Cloudability, which specialises in multi-cloud financial management and FinOps, in May. Find the latest CF Finance Acquisition Corp. II (CFII) stock quote, history, news and other vital information to help you with your stock trading and investing. Cloudability is a financial management tool for monitoring and analyzing cloud expenses across any organization. Announces Closing of $70 Million Initial Public Offering. Cloudability has, however, provided a metric Cost(Amortized) to spread this upfront cost over the period consumed and allocated to the account where purchased. Apptio Cloudability is a cloud financial management platform that improves visibility, optimization, governance and more across cloud environments. Posted on January 25, 2016 by Tomio Geron. RDS, Redshift, Elasticache, DynamoDB - The monthly charge was injected as a line item at the beginning of the … ... 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