skytide
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
skytide - overview
Established
2003
Location
Oakland, CA, US
Primary Industry
Software
About
SkyTide Group is a technology company that delivers tailored IT solutions for industries such as hospitality, municipalities, and energy, enhancing operational efficiency and security through advanced technology services. SkyTide Group was founded in 2003 and is headquartered in Oakland, US. The company specializes in IT solutions and has undergone a recent acquisition by Citrix Systems, Inc. on December 11, 2013.
The founder's history includes previous ventures that have contributed to the growth of the tech landscape. The company has successfully raised a total of USD 6. 00 mn, with its latest funding round being Series A, supported by investors El Dorado Ventures and Granite Ventures. SkyTide Group specializes in delivering comprehensive IT solutions tailored to various industries, including hospitality, municipalities, manufacturing, and energy.
Their offerings encompass scalable IT support, proactive cybersecurity measures, and strategic technology guidance, facilitating operational efficiency and leveraging cloud technologies. The company serves a diverse clientele, including small to medium-sized enterprises and non-profit organizations across the US and Canada, empowering businesses to navigate technological challenges effectively and achieve their operational goals. SkyTide Group generates revenue through service contracts and subscription-based models, focusing on B2B partnerships that provide ongoing IT support, including system maintenance and cybersecurity solutions. Pricing plans are tailored to align with the unique needs of each client, allowing for customized service packages.
The company's flagship services are designed to provide the necessary strategic IT leadership to help organizations compete in an evolving technology landscape. SkyTide Group is focused on expanding its product offerings and geographic reach. Plans are underway to introduce new technology solutions in 2024, targeting the hospitality and energy sectors specifically. Recent funding will be utilized to support product launches and expand into the Canadian market, aiming for a significant presence by the end of 2024.
The acquisition by Citrix will also enhance SkyTide's capabilities in providing comprehensive IT services.
Primary Industry
Software
Sub Industries
Analytics & Performance Software
Website
www.skytide.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.