[1][5] Apttus’ software was originally developed to leverage the Salesforce customer relationship management platform,[5] but it has since been integrated with Microsoft Azure[6] and IBM Cloud[7] as well.
[11] The company was bootstrapped and took no outside funding until 2013,[13] when it raised $37 million in Series A financing from a group of investors including K1 Capital, ICONIQ, and Salesforce.
[5] By the time of its 2018 buyout, Apttus had received a total of $404 million in investment capital[14] from five rounds of fundraising, which gave the company a valuation of approximately $1.3 billion, as of September 2016.
[20] In July 2018, Krappe departed Apttus with little warning, a move later reported to have been driven by accusations of sexual assault and misrepresentations of the company's financial performance.
[21] The allegations, which became public on November 1, 2018 with the publication of a Business Insider investigative piece, highlighted a company sales retreat at the One&Only Palmilla resort near Cabo San Lucas in Mexico, during which Krappe reportedly sexually assaulted a 26-year-old female business development employee.