Skytap Raises $35M in Funding

skytapSkytap Inc., a Seattle, WA-based provider of on-demand development and test Environments as a Service, raised $35m in funding.

The round was led by Insight Venture Partners with participation from all existing investors, including OpenView Venture Partners, Ignition Partners, Madrona Venture Group, and Washington Research Foundation.

The company intends to use the funds to expand its go-to-market capacity and presence into Europe, grow the global partner ecosystem, and accelerate product innovation for enterprise-ready development and test environments

Led by Thor Culverhouse, CEO, Skytap provides customers with a platform to manage, share, deploy and decommission on-demand environments, which contains the tools to collaborate at each phase of the Systems development life cycle (SDLC). Enterprise IT organizations maintain full visibility and cost control, while allowing dev and test teams to self-provision labs and share complex environments.
Customers include over 275 organizations.



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