This Business Software Company Just Filed to Go Public by Jonathan Vanian @FortuneMagazine August 26, 2016, 3:58 PM EDT E-mail Tweet Facebook Linkedin Share icons Another business technology company wants to make a go on the public markets. Apptio, a Bellevue, Wash.-based business software company, filed to go public on Friday and plans to trade on NASDAQ with the symbol “APTI.” The nine-year-old company said it plans to raise $75 million, although that’s likely a placeholder. Apptio sells software to companies’ IT staff that helps them manage all their business infrastructure technology and keep track of how much everything costs. Its technology also works for businesses that want to keep track of how much they are spending on cloud computing services provided by Amazon amzn Web Services and Microsoft msft . Get Data Sheet, Fortune’s technology newsletter. In 2015, Apptio brought in $129.3 million in total sales, but also had net losses of $41.0 million for the same time period. The company has raised roughly $136 million in funding from venture capital firms like Andreessen Horowitz, Greylock Partners, Madrona Venture Group, and Shasta Ventures. Its underwriters are Goldman Sachs gs , J.P. Morgan Securities, and Merrill Lynch. So far in 2016, there have been five IT-focused tech IPOs. For more about business software, watch: Some of the most notable IPOs have been data analytics firm Talend, which went public in late July and communications software startup Twilio twlo , which went public in June.