 | |
| 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]
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