

Skytap Inc. has landed $35 million in funding from a diverse group of investors to double down on the growing interest in its cloud platform, which takes a new approach to fostering collaboration among operations and engineering professionals. The Seattle-based startup says it has a way to help organizations speed up their software development projects and produce better results in the process.
The investment comes hot on the heels of fellow rising star HashiCorp Inc. closing a $10 million round to promote its own DevOps platform, Atlas, which combines five existing tools from the open-source ecosystem into an integrated toolchain for building applications. Skytap offers the same ability to rapidly create development environments for different types of infrastructure and copy them across multiple clouds, but it’s focused specifically on the enterprise.
The company’s platform makes it possible to replicate virtual machines from behind the firewall with a high level of fine-tuning. That can enable developers to create full-blown copies of their organizations’ production environments, which allows for more realistic testing and thereby helps streamline launches.
Skytap also offers a number of complementary features designed for the enterprise, including usage quotes, automatic suspension of servers after a certain period of inactivity and auditing functionality. It also provides alert generation functionality and user directory integration.
That value proposition has earned the startup big-name likes IBM, Boeing Co. and Dell, Inc. along with more than 270 other organizations. Skytap claims its customer base has doubled in the past year, as has its headcount.
The investment was led by Insight Venture Partners with participation from existing backers including Ignition Partners and the not-for-profit Washington Research Foundation. The round brings the startup’s total raised to over $64 million.
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