Skytap is flying high.
The Seattle cloud computing startup today is announcing that it has raised $35 million in new funding in a deal led by Insight Venture Partners, with participation from OpenView Venture Partners, Ignition Partners, Madrona Venture Group, and Washington Research Foundation.
Used by companies such as Boeing, IBM and Cushman & Wakefield, Skytap helps customer build and test software more quickly. Skytap dubs this “environment-as-a-service.”
“Skytap is driving a transformative change in its industry by empowering companies to deploy innovative software more rapidly,” said Deven Parekh, Managing Director at Insight Venture Partners. “With this funding we expect Skytap to continue on its current growth trajectory and further solidify itself as the leader in enterprise-ready development and test environments.”
Led by CEO Thor Culverhouse, a former college football player, Skytap raised $6.45 million earlier this year. Total funding stands at $64.5 million. The 110-person company plans to grow to about 170 employees by next year.
More from Culverhouse in this Nextcast Q&A, with the Skytap CEO saying that they allow companies to spin-up projects very quickly.