Skytap logo — A Kyndryl company, Skytap is an infrastructure-as-a-service...

Skytap

A Kyndryl company, Skytap is an infrastructure-as-a-service purpose-built to run Power workloads in the public cloud.

Founded 2006 United States Seattle, United States 111 employees Venture round Total: $127.51M Applications, Cloud Infrastructure +4

General Information

Company Name Skytap
Founded Year 2006
Location United States Seattle, United States
Employees 111
Industries Applications, Cloud Infrastructure, Computing +3
Funding Stage Venture round
Social

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About Skytap

Skytap is a global cloud provider founded in 2006, offering a cloud service designed specifically for running traditional IBM Power workloads in the public cloud. The company's slogan emphasizes this unique feature. Skytap accelerates enterprise innovation by modernizing traditional applications with cloud-native development and services, catering to industries such as Cloud Infrastructure, DevOps, Enterprise Software, and SaaS.

The recent $18.00M Venture Round investment led by Vistara Growth on 19 October 2023 demonstrates confidence in Skytap's technology. This funding will likely support the company's goal of powering multi- and hybrid-cloud strategies through secure connections to other clouds and on-premises data centers. Skytap Cloud is positioned as an enabler for accelerating application development, simplifying management, and reducing IT costs for its global clientele.

As part of its strategy, Skytap aims to make it easy for enterprises to build, run, and evolve hybrid applications by rapidly migrating traditional workloads to the cloud. Through integration with new cloud architectures, it enables modern development practices while allowing customers to modernize at the pace of their business.

With its headquarters in the United States, Skytap's innovative approach and recent funding signal potential for growth and further advancements in the field of cloud services. stride. Through its innovative approach and recent funding, Skytap demonstrates potential for further advancements in the cloud services industry.

For more information, visit Skytap's Twitter page at @Skytap and explore the company's insights on its blog at skytap.com/blog.

Taxonomy: Cloud Services, IBM Power Workloads, Public Cloud, Enterprise Innovation, Cloud-Native Development, Hybrid Applications, Application Development, Multi-Cloud Strategies, Hybrid-Cloud Strategies, IT Costs Reduction, Enterprise Modernization, Cloud Migration, Secure Connections, Traditional Workloads

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $18.00M 1
Vistara Growth
19 Oct 2023
Series E $45.00M 5
Madrona, Insight Partners +3
23 Aug 2017
Series D $35.00M 5
Madrona, Insight Partners +3
18 Dec 2014
Series C $6.45M 4
Madrona, Ignition Partners +2
05 Feb 2014
Series C $10.00M 4
Madrona, Ignition Partners +2
31 Dec 2010
Venture Round $60.00K -
24 Apr 2009
Series B $7.00M 3
Madrona, Ignition Partners +1
16 Mar 2009
Series A $6.00M 4
Madrona, Bezos Expeditions +2
01 Aug 2007

Skytap Alternatives & Competitors

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FAQ About Skytap

A Kyndryl company, Skytap is an infrastructure-as-a-service purpose-built to run Power workloads in the public cloud.
Skytap was founded in 2006.
Skytap is headquartered in Seattle, United States.
Skytap operates in Applications, Cloud Infrastructure, Computing, DevOps, Enterprise Software and SaaS. Its work centres on Cloud Services, IBM Power Workloads, Public Cloud and Enterprise Innovation.
Skytap has approximately 111 employees.
Skytap has completed 8 funding rounds, raising a total of $127.51M. The latest funding stage is Venture round.
Top alternatives and competitors to Skytap include Apcera, Cross4Cloud Inc., Cameyo, Yobitel, Entando Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Skytap and Apcera are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Skytap, https://bouncewatch.com/company/skytap, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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