 | |
| Company type | Privately held |
|---|---|
| Industry | Software and programming |
| Founded | 2000 |
| Headquarters | , United states |
Number of locations | Global |
| Products | IT financial management SaaS solutions |
| Parent | Skyview Capital LLC |
| Website | www |
Digital Fuel is a provider of IT financial management SaaS software for planning, billing. The company's headquarters is in Los Angeles, California. [1]
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, to help corporate IT manage the business value and cost of IT [3] and gain better insight into IT costs. [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]
Outsourcing is the act of a company relying on an external provider for a business process that otherwise would be internal. Generally, it involves an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise would be carried out internally, a.k.a. in-house,
NetApp, Inc. is an intelligent data infrastructure company that provides unified data storage, integrated data services, and cloud operations (CloudOps) solutions to enterprise customers. The company is based in San Jose, California. It has ranked in the Fortune 500 from 2012 to 2021. Founded in 1992 with an initial public offering in 1995, NetApp offers cloud data services for management of applications and data both online and physically.
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