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Venture Capital News: SkyKick Closes $3M Investment

2014-07-28
SEATTLE, WA, SkyKick has added an additional $3 million in strategic capital, bringing its total capital raised to $7.2 million.
SkyKick (www.skykick.com), the easiest way to Office 365, announced today that it has added an additional $3 million in strategic capital, bringing its total capital raised to $7.2 million. The cloud software company will use the additional funding to help support international demand for its products, which enable IT solution providers to automate the project of moving customers to Office 365, including the sales, planning, migration and management. SkyKick plans on doubling its headcount from 40 to 80 over the next year.

'The team at SkyKick has built the world™s only cloud migration project automation platform'a powerful product that has helped thousands of IT solution providers build a more successful Office 365 business,' said SkyKick co-Founder and co-CEO Todd Schwartz. 'This round will help us reach thousands more partners around the globe.'

This round adds several strategic private equity investors to SkyKick™s roster, as well as some notable angels such as Top 20 Angel Investor Tim Ferriss, former Qwiki COO, Navin Thukkaram and Ironfire Capital.

To date, SkyKick has helped thousands of IT solution providers and distributors like Ingram Micro and SYNNEX Corporation move thousands of businesses to Office 365. Its founding team consists of co-CEOs Evan Richman and Todd Schwartz, who held various leadership positions on Microsoft's Office and Bing teams, and CTO Brad Younge, employee number three at Drugstore.com.

About SkyKick
SkyKick makes it fast, safe and easy for IT partners to move businesses to Office 365. The company™s award-winning products help partners manage migration projects including the sales, planning, migration, management and on-site phases of their customer™s move to Office 365. SkyKick is a 2013 Microsoft Partner of the Year and is headquartered in Seattle. For more information visit www.skykick.com
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