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Venture Capital News: SkyKick Announces $130M Financing Round

2021-09-14
SEATTLE, WA, SkyKick announced today that it closed a $130 million financing.
SkyKick, a global provider of no-code and low code cloud automation software for Information Technology Services Providers (ITSPs), announced today that it closed a $130 million financing bringing its total capital raised to over $200 million.

This latest funding round was the company's sixth insider-led round, with new participation from Morgan Stanley who provided a combination of debt and equity, and continued participation from current investors Navin Thukkaram, Craig Nerenberg, Hawk Equity, Trebuchet Capital, Schechter Private Capital and other technology private investors. Brian Stengel, Managing Partner of Trebuchet Partners served as the exclusive financial advisor to SkyKick.

With global headquarters in Seattle, European Headquarters in Amsterdam, Netherlands and offices in Sydney and Tokyo, SkyKick helps managed services providers, resellers and distributors in more than 125 countries to be more efficient and profitable. Over 30,000 IT partners use SkyKick's cloud automation and management products to migrate, protect and manage their customers in the cloud. The company has won numerous awards including being named a Microsoft Partner of the Year and one of North America's fastest growing technology companies according to Deloitte's Technology Fast 500™.
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