Skytap Obtains $35,000,000 New Funding
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- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=288919a2-815a-45db-a7f5-8f5ea2929f2b - 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
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