Digital Fuel

Digital Fuel

Company type	Private
Industry	Software as a service
Founded	2000
Headquarters	Los Angeles, CA, United states
Parent	VMware (2011-2016) Skyview LLC (2016-2018) Apptio (2018-current)

Digital Fuel is a provider of IT financial management software. 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.^[3][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]

• IT cost transparency
• IT service management