Fundraising Fox

Skytap

Acquired

Seattle, US · 61,535 employees on LinkedIn · 4 known investors

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

BSBrad Schick
Brad SchickinVice President, General Manager
WH
Wayne H. MonkExecutive
BB
Brian BarryExecutive
TCThor Culverhouse
Thor CulverhouseExecutive
AW
Andy WrightExecutive
BWBrian White
Brian WhiteinDirector of Product Management

Board

FA
Frank ArtaleBoard director
MM
Matt McIlwainBoard director
SM
Scott MaxwellBoard director
SR
Scott RozaBoard director

Investors · 4

Reported raises · per SEC filings

Form D private placements

$41.4M disclosed across 2 rounds · 2014

$35MraisedDec 2014 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗
$6.4MraisedFeb 2014 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 3

by search overlap

Companies competing with Skytap for the same Google search keywords, organic and paid, via search-intersection analysis.

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.
How much funding has Skytap raised?
Skytap has disclosed $41.4M raised across 2 rounds.
Where is Skytap headquartered?
Skytap is headquartered in Seattle, US.