# Skytap funding: rounds and investors

> Skytap has raised $110M across 7 rounds since 2007. Investors include Madrona Venture Group, Ignition Partners and Washington Research Foundation.

Source: https://millionrounds.com/company/skytap (Millionrounds; every figure on the page links to its filing or article)

United States · [Series E startup](https://millionrounds.com/companies)

# Who invested in *Skytap*

7 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Software Cloud

Funding summary Updated 26 Oct 2026

**$110M** raised across 7 rounds since 2007, from 7 sources

**$6.0M** Series A **$7.0M** Series B **$60K** Venture **$10M** Series C **$6.5M** Series C **$35M** Series D **$45M** Series E

- **Latest round:** Series E, $45M Aug 2017
- **Step-up i:** 1.3×
- **Investors:** 9

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2007 2009 2011 2013 2015 2017

**$6.0M** Series A

**$7.0M** Series B

**$60K** Venture

**$10M** Series C

**$6.5M** Series C

**$35M** Series D

**$45M** Series E

- **First round:** Series A, $6.0M
- **Biggest round:** $45M
- **Usual gap between rounds:** 20 months

## The rounds

- **Aug 2017** Series E **$45M** *1 new* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs-investment-partners) Reported by FinSMEs
- **Dec 2014** Series D **$35M** *1 new* *4 returning* [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Ignition Partners](https://millionrounds.com/fund/ignition-partners) [OpenView Venture Partners](https://millionrounds.com/fund/openview-venture-partners) [Washington Research Group](https://millionrounds.com/fund/washington-research-group) From a historical funding record SEC filing: $35M sold, first sale Dec 2014
- **Feb 2014** Series C **$6.5M** *1 new* *3 returning* [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Ignition Partners](https://millionrounds.com/fund/ignition-partners) [Washington Research Foundation](https://millionrounds.com/fund/washington-research-foundation) [OpenView Venture Partners](https://millionrounds.com/fund/openview-venture-partners) From a historical funding record SEC filing: $6.4M sold, first sale Jan 2014
- **Dec 2010** Series C **$10M** *2 new* *2 returning* [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Ignition Partners](https://millionrounds.com/fund/ignition-partners) [OpenView](https://millionrounds.com/fund/openview) [Washington Research Group](https://millionrounds.com/fund/washington-research-group) Reported by techcrunchit.com SEC filing: $10.0M sold, first sale Dec 2010
- **Apr 2009** Venture **$60K** No investor was named in the report. From a historical funding record SEC filing: $60K sold, first sale Apr 2009
- **Mar 2009** Series B **$7.0M** *3 returning* [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Ignition Partners](https://millionrounds.com/fund/ignition-partners) [Washington Research Foundation](https://millionrounds.com/fund/washington-research-foundation) Reported by techflash.com SEC filing: $60K sold, first sale Apr 2009
- **Aug 2007** Series A **$6.0M** *4 new* [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Ignition Partners](https://millionrounds.com/fund/ignition-partners) [Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) [Washington Research Foundation](https://millionrounds.com/fund/washington-research-foundation) Reported by seattletimes.nwsource.com

## Founders and team

From the SEC filings it signed: 7 on the team.

- **Andy Wright** Executive Officer i
- **Brad Schick** Executive Officer i
- **Brian Barry** Executive Officer i
- **Brian White** Executive Officer i
- **Frank Colich** Executive Officer i
- **Thor Culverhouse** Executive Officer, Director i
- **Wayne Monk** Executive Officer i

On the board, as filed i *Frank Artale* *Matt McIlwain* *Scott Maxwell*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2007 **Series B** 2009 **Venture** 2009 **Series C** 2010 **Series C** 2014 **Series D** 2014 **Series E** 2017 [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Ignition Partners](https://millionrounds.com/fund/ignition-partners) [Washington Research Foundation](https://millionrounds.com/fund/washington-research-foundation) [OpenView Venture Partners](https://millionrounds.com/fund/openview-venture-partners) [Washington Research Group](https://millionrounds.com/fund/washington-research-group) [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) [OpenView](https://millionrounds.com/fund/openview) [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs-investment-partners)

## Everyone who backed them

[Madrona Venture Group](https://millionrounds.com/fund/madrona) VC firm **5** rounds

[Ignition Partners](https://millionrounds.com/fund/ignition-partners) VC firm **5** rounds

[Washington Research Foundation](https://millionrounds.com/fund/washington-research-foundation) VC firm **3** rounds

[OpenView Venture Partners](https://millionrounds.com/fund/openview-venture-partners) VC firm **2** rounds

[Washington Research Group](https://millionrounds.com/fund/washington-research-group) VC firm **2** rounds

[Insight Partners](https://millionrounds.com/fund/insight-venture-partners) VC firm **1** round

[Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) Family office **1** round

[OpenView](https://millionrounds.com/fund/openview) VC firm **1** round

[Goldman Sachs](https://millionrounds.com/fund/goldman-sachs-investment-partners) Private equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=skytap).

## Also claim to have backed them

This firm lists Skytap as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[W Capital Partners](https://millionrounds.com/fund/w-capital-partners) Private equity Per its own site

## Quick answers about Skytap

### Who invested in Skytap?

Skytap's investors include Madrona Venture Group, Ignition Partners, Washington Research Foundation, OpenView Venture Partners and Washington Research Group, and 4 more on record.

### How much has Skytap raised?

Skytap has raised $110M across 7 rounds since 2007.

### When did Skytap last raise?

Skytap's most recent round was a Series E of $45M in Aug 2017.

### What was Skytap's biggest round?

Its most recent round, $45M in Aug 2017, is also its largest on record.

### Who backed Skytap first?

Skytap's first round on record, in Aug 2007, was backed by Madrona Venture Group, Ignition Partners and Bezos Expeditions and 1 others.

### What stage is Skytap at?

Skytap's latest named round is a Series E, in Aug 2017.

### Where is Skytap based?

Skytap is based in the United States.

## Companies like Skytap

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**TruAgents** $3.4M · Oct 2026](https://millionrounds.com/company/truagents)[**Blacksmith** $131M · Oct 2026](https://millionrounds.com/company/blacksmith)[**Fireworks AI** $1.7B · Oct 2026](https://millionrounds.com/company/fireworks-ai)[**VECKTA** $11M · Oct 2026](https://millionrounds.com/company/veckta)[**Punch** $11M · Oct 2026](https://millionrounds.com/company/punch)

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