When was Skytap founded?

Skytap was founded in 2006 and raised its 1st funding round within a year of its incorporation.

Where is Skytap located?

Skytap is headquartered in Seattle, United States. It is registered at Seattle, Washington.

How many employees does Skytap have?

As of Sep 30, 2026, the latest employee count at Skytap is 95.

Is Skytap a funded company?

Skytap is a funded company, having raised a total of $128M across 9 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on 2006.

When was the latest funding round of Skytap?

Skytap's latest funding was a $***** Series E round on Oct 19, 2023, with participation from 1 investor. Its primary sector is Cloud Infrastructure. In United States, the Cloud Infrastructure sector has seen $12.3B in funding in 2026 to date.

Where does Skytap rank among its competitors?

Skytap ranks 65th amongst 1782 active competitors, of which 208 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Temporal, which secured $550M in Sep, 2026.

Who are the top competitors of Skytap?

Skytap's top competitors include Netlify, Vercel and DigitalOcean. Among them, Temporal secured the most recent funding round in September, 2026.

Skytap - 2026 Company Profile, Team, Funding & Competitors

Q: Is Skytap an acquired company?

Skytap got acquired by Kyndryl on May 13, 2024.

Skytap is an acquired company based in Seattle (United States), founded in 2006 by David Richardson. It operates as a Cloud based continuous application delivery management solution. Skytap has raised $128M in funding from investors like OpenView, Insight Partners and Goldman Sachs. The company has 1782 active competitors, including 208 funded and 172 that have exited. Its top competitors include companies like Netlify, Vercel and DigitalOcean.

Company Details

Cloud based continuous application delivery management solution. It provides on demand environments that streamlines the software delivery process. It provides self-service access to environments for learning, developing, testing, training, and running enterprise applications. It also enables users to migrate and modernize the business applications.

Website: skytap.com
Social
Registered Address: Seattle, Washington

Key Metrics

Founded Year

2006

Location

Seattle, United States

Stage

Acquired

Total Funding

$128M in 9 rounds

Latest Funding Round

Series E, Oct 19, 2023, $*****

Investors

OpenView & 9 more

Ranked

65^th among 1782 active competitors

Employee Count

95 as on Sep 30, 2026

Similar Companies

Vercel & 1492 more

Exit Details

Acquired by Kyndryl (May 13, 2024)

View Skytap's full profile

Skytap is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
SKYTAP, INC. CIN: 205371037 , United States, Active		-	132 (As on Dec 31, 2020)	-

Skytap got acquired by Kyndryl on May 13, 2024 at an acquisition amount of $*****.

Click here to take a look at Skytap's acquisition in detail

Skytap has raised a total funding of $128M over 9 rounds. Its first funding round was on 2006. Its latest funding round was a Series E round on Oct 19, 2023 for $*****. 1 investor participated in its latest round. Skytap has 9 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Skytap:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 19, 2023	6847157	Series E	3814465	7469028	6694855	9209617
Aug 22, 2017	8675451	Series E	2975579	1418599	3777566	Madrona & 4 more
Dec 24, 2014	3209487	Series D	5697962	8582769	Insight Partners	OpenView & 3 more

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View details of Skytap's funding rounds and investors

The founders of Skytap is David Richardson.

Here are the details of Skytap's key team members:

David Richardson: Former Founder of Skytap. They serve on the board of 1 company.
Brad Schick: CEO of Skytap.

View details of Skytap's Founder profiles and Board Members

Skytap's employee count trend

Skytap has 95 employees as of Sep 26. Here is Skytap's employee count trend over the years:

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Top competitors of Skytap include Netlify, Vercel and DigitalOcean. Here is the list of Top 10 competitors of Skytap, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Netlify 2013, San Francisco (United States), Series D	Provider of a platform for web application development and deployment	$212M	EQT, Kleiner Perkins & 21 others	85/100
2nd	Vercel 2015, Covina (United States), Series F	Provider of cloud infrastructure and developer tools for web applications	$863M	Accel, GIC & 32 others	83/100
3rd	DigitalOcean 2011, New York City (United States), Public	Provider of cloud infrastructure, virtual machines, and managed database hosting	$174M	Access Industries, Access Technology Ventures ... & 47 others	81/100
4th	Harness 2017, San Francisco (United States), Series E	Provider of platform for software delivery, security, testing, and cost optimization	$614M	Goldman Sachs, ServiceNow & 31 others	81/100
5th	Gitlab 2011, San Francisco (United States), Public	Provider of a platform for software development, security, and delivery	$435M	Khosla Ventures, Iconiq Capital & 52 others	81/100
6th	Veeam 2006, Seattle (United States), Acquired	Provider of data resilience and cyber security solutions for enterprises	$1.04B	Insight Partners, Vertica Capital Partners ... & 6 others	79/100
7th	Rubrik 2014, Palo Alto (United States), Public	Provider of cyber resilience platform for data and identity security	$553M	Lightspeed Venture Partners, Greylock Partners ... & 51 others	78/100
8th	Cohesity 2013, San Jose (United States), Series F	Cloud and AI based enterprise data backup and management solutions	$810M	Wing Venture Capital, Sequoia Capital & 57 others	74/100
9th	Heroku 2007, San Francisco (United States), Acquired	Saas based provider of integrated platform as a service solutions	$17M	Harrison Metal, Ignition Partners & 16 others	74/100
10th	Temporal 2019, Seattle (United States), Series E	Platform offering integrated cloud application development solution	$1.2B	Wellington, Amplify Partners & 15 others	72/100
65th	Skytap 2006, Seattle (United States), Acquired	Cloud based continuous application delivery management solution	$128M	Goldman Sachs, OpenView & 8 others	55/100