Skytap is the provider of public service for cloud computing. The Company offers Skytap Cloud, an enterprise service that makes it easy to build, run, and evolve these hybrid applications by rapidly migrating traditional workloads to the cloud, enabling modern development practices, and integrating new cloud architectures. It powers multi- and hybrid-cloud strategies through secure connections to other clouds and on-premises data centers. The Company's technology accelerates application development, simplifies management, and reduces IT costs, enabling customers worldwide to modernize at the pace of their business.

Type
Private
HQ
Seattle, US
Founded
2006
Size (employees)
242 (est)
Website
skytap.com
Skytap was founded in 2006 and is headquartered in Seattle, US
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Key People/Management at Skytap

Brad Schick

Brad Schick

CTO
Frank Colich

Frank Colich

CFO
Wayne Morris

Wayne Morris

CMO
Jill Domanico

Jill Domanico

Chief People Officer
Jeffry Dyer

Jeffry Dyer

SVP Worldwide Sales
Neil Holloway

Neil Holloway

SVP Business Development
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Skytap Office Locations

Skytap has offices in London, Toronto and Seattle
Seattle, US (HQ)
800 719 2nd Ave
Toronto, CA
240 Richmond St W
London, GB
30 Stamford St
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Skytap Financials and Metrics

Summary Metrics

Founding Date

2006

Total Funding

$109.6 m

Latest funding size

$45 m

Time since last funding

10 months ago

Investors

Skytap's latest funding round in August 2017 was reported to be $45 m. In total, Skytap has raised $109.6 m
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Skytap Financials

Skytap's revenue was reported to be $27.30 m in Y, 2015 which is a 72.8% increase from the previous period.
USD

Revenue (Y, 2015)

27.3 m

Revenue growth (Y, 2014 - Y, 2015), %

72.8%
USDY, 2014Y, 2015

Revenue

15.8 m27.3 m

Revenue growth, %

73%
USDY, 2015

Revenue/Employee

207.2 k
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Skytap Operating Metrics

Skytap's Enterprise Customers was reported to be 200 in Aug, 2013. Skytap's Patent Applications was reported to be 9 in Feb, 2018.
Nov, 2011Aug, 2013Feb, 2018

Patents Issued

13

Patent Applications

9

Trademarks

4

Enterprise Customers

150 200
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Skytap Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
SKYTAP UK LTD
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Skytap Online and Social Media Presence

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Skytap News and Updates

Can you teach an old app new tricks?

Migrating apps to the cloud can help hasten your organisaiton's modernisation efforts.

Skytap wants to modernize apps, make infrastructure someone else’s problem

At least half of mission-critical enterprise applications are still being managed on-premises, based on a study commissioned by Skytap Inc. and conducted by 451 Research. However, the modernization wave is coming, as the report, released earlier this month, also found that nearly 70 percent of respo…

Skytap study finds enterprises still struggle with cloud migrations

Public cloud provider Skytap Inc. says many enterprises are choosing the most difficult and arduous path to migrate their most critical, legacy applications to the cloud. As a result, many of these organizations are making a meal of things, creating more challenges around technical complexity and re…

Skytap Inc reels in $45 mln Series E

Skytap Inc, a public cloud provider, has closed $45 million in Series E funding. Goldman Sachs Private Capital Investing led the round. In conjunction with the funding, Hillel Moerman, managing director who co-heads PCI, will join Skytap's board of directors while Matthew Dorr, a member of PCI, will…

Skytap raises $45M to lure enterprises away from Amazon Web Services

Despite the intense competition in the cloud market, several top investors are betting that a relatively small player called Skytap Inc. will secure a slice of the pie. The Seattle-based company today announced that it has closed a $45 million funding round led by Goldman Sachs Group Inc. The invest…
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