Tech Company Financing Transactions
Skytap Funding Round
On 3/16/2009, Skytap raised $7 million in Series B funding from Ignition Partners, Madrona Venture Group and Washington Research Foundation.
Transaction Overview
Company Name
Announced On
3/16/2009
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series B
Investors
Ignition Partners (Brad Silverberg)
Madrona Venture Group (Matthew McIlwain)
Proceeds Purpose
The funds will be used to bolster the company's product development, sales and marketing efforts.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
719 2nd Ave. 800
Seattle, WA 98104
USA
Seattle, WA 98104
USA
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thor Culverhouse
Chief Financial Officer
Frank Colich
Chief Marketing Officer
Wayne Morris
Chief Technical Officer
Brad Schick
VP - Bus. Development
Neil Holloway
VP - Customer Service
Jon Schrader
VP - Engineering
John Ludeman
VP - Human Resources
Jill Domanico
VP - Product Management
Daniel Jones
VP - Sales
Andrew Kelly
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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