Skytap Obtains $35,000,000 New Funding

  • Feed Type
  • Date
    12/18/2014
  • Company Name
    Skytap
  • Mailing Address
    710 2nd Avenue Seattle, WA 98104 USA
  • Company Description
    Skytap is the leading provider of cloud-based virtualization solutions available as on-demand services over the Web. Virtualization is poised to become the defining technology of the 21st century and Skytap’s goal is to make serving up virtual machines over the internet as ubiquitous as delivering html to a browser.
  • Website
    http://www.skytap.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $35,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funding will be used to expand Skytap’s go-to-market capacity, grow the global partner ecosystem, and fuel new levels of product innovation for enterprise-ready development and test environments. The funding will also be used to expand Skytap’s presence into Europe.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor
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