Tech Company Financing Transactions
Skytap Funding Round
On 8/13/2007, Skytap raised $6 million in Series A funding from Ignition Partners, Madrona Venture Group and WRF Capital.
Transaction Overview
Company Name
Announced On
8/13/2007
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Proceeds Purpose
The funding will help illumita accelerate its product development, as well as sales and marketing activities to provide virtualization services and solutions to a range of enterprise customers.
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.
Management Team
Title
Name
Email & Social
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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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