Fundraising Fox
Skytap
AcquiredSeattle, US · 61,535 employees on LinkedIn · 7 known investors
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Kyndryl Cloud Uplift (formerly Skytap) migrates IBM Power workloads (AIX, IBM i) and x86 systems to Microsoft Azure without rewriting or refactoring applications, supporting data center exit, disaster recovery, and incremental modernization. It serves enterprises running legacy mission-critical systems, offering consumption-based Azure billing, high availability, and virtual IT labs for training and proofs of concept.
Founders & leadership
Board
Investors · 7
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Madrona Venture Group's portfolio page · funding news · techcrunch.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: OpenView Venture Partners's portfolio page · funding news · techcrunch.com · Not right? Tell us
How we know: W Capital Partners's portfolio page · Not right? Tell us
How we know: techcrunch.com · Not right? Tell us
Also in the syndicate · 2
Funding
SEC filings, press & company announcements$86.4M disclosed across 3 of 5 rounds · 2009–2017
- $45MSeries EAug 2017 · 2 sources
Goldman Sachs Private Capital Investing (lead)
Source ↗ - Undisclosed amountSeries BMar 2009Source ↗
▶$35MraisedDec 2014 · 13 investors · Other TechnologyRule 506(b)
- Wayne MonkExecutive Officer
- Brian WhiteExecutive Officer
- Thor CulverhouseExecutive Officer, Director
- Matt McIlwainDirector
- Andy WrightExecutive Officer
- Frank ColichExecutive Officer
- Brad SchickExecutive Officer
- Scott MaxwellDirector
- Frank ArtaleDirector
- Brian BarryExecutive Officer
- Offering amount
- $35M
- Amount sold
- $35M
- First sale
- Dec 2014
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$6.4MraisedFeb 2014 · 13 investors · Other TechnologyRule 506(b)
- Brad SchickExecutive Officer
- Wayne H. MonkExecutive Officer
- Frank ArtaleDirector
- Brian BarryExecutive Officer
- Matt McIlwainDirector
- Thor CulverhouseExecutive Officer, Director
- Scott MaxwellDirector
- Scott RozaDirector
- Andy WrightExecutive Officer
- Brian WhiteExecutive Officer
- Offering amount
- $8.3M
- Amount sold
- $6.4M
- First sale
- Jan 2014
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 4
Companies working in the same space as Skytap.
In the news
Frequently asked questions
- What does Skytap do?
- Kyndryl Cloud Uplift (formerly Skytap) migrates IBM Power workloads (AIX, IBM i) and x86 systems to Microsoft Azure without rewriting or refactoring applications, supporting data center exit, disaster recovery, and incremental modernization. It serves enterprises running legacy mission-critical systems, offering consumption-based Azure billing, high availability, and virtual IT labs for training and proofs of concept.
- Who are Skytap's investors?
- Skytap's investors include Insight Partners, Madrona Venture Group, OpenView Venture Partners, W Capital Partners, Bezos Expeditions.
- How much funding has Skytap raised?
- Skytap has disclosed $86.4M raised across 3 of its 5 known rounds.
- Where is Skytap headquartered?
- Skytap is headquartered in Seattle, US.