Skytree, Inc.
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Skytree, Inc. - overview
Established
2012
Location
San Jose, CA, US
Primary Industry
Software
About
Skytree, Inc. specializes in developing software products and database solutions aimed at enhancing operational efficiency for small businesses across various sectors. Founded in 2012, Skytree, Inc. is based in San Jose, US, providing software that optimizes database management and business operations.
The company has engaged in 4 deals, with the most recent deal occurring on April 18, 2017, during its Series A funding round, raising a total of USD 18. 00 mn led by US Venture Partners along with investors including Javelin Venture Partners and Osage University Partners. Infosys Technologies later partially acquired Skytree, with financial details undisclosed. Sky Tree specializes in providing professional software products and database solutions tailored for small businesses aiming to enhance productivity and achieve success.
The company's core offerings include a suite of corporate software solutions that streamline operations, optimize database management, and integrate various business functions. These products are designed to address common challenges faced by small enterprises, such as inefficient data handling, lack of real-time analytics, and the need for robust inventory management systems. Sky Tree's software is utilized by clients across various sectors, including manufacturing, retail, and service industries, in markets that span North America, Europe, and parts of Asia. Their solutions have been released progressively, with updates and enhancements made over the past several years to ensure they meet the evolving needs of their customer base.
Sky Tree generates revenue primarily through a subscription model, offering different pricing tiers based on the level of service and features selected by clients. Customers typically enter into annual agreements that grant them access to the software, updates, and customer support, with transactions occurring directly between Sky Tree and its business clients. The firm may also engage in partnerships with industry-specific organizations that facilitate broader reach and client acquisition. Their flagship products, which include comprehensive database management solutions and specialized manufacturing software, are offered at structured pricing plans designed to cater to the varying needs of small businesses.
Revenue is expected to scale with customer growth, particularly as more businesses transition to digital solutions for operational efficiency. Skytree plans to leverage its recent funding to enhance its software offerings and expand into new markets. The company aims to launch upcoming products designed to improve real-time analytics and inventory management for small businesses. The targeted expansion regions include North America and Europe, with specific market entry strategies expected to roll out by 2025.
The most recent funding round, completed in April 2017, will support these initiatives as the company seeks to build on its client base and improve operational efficiencies through innovative solutions.
Current Investors
Javelin Venture Partners, US Venture Partners, OUP (Osage University Partners)
Primary Industry
Software
Sub Industries
Internet, Analytics & Performance Software
Website
www.skytree.net
Verticals
Artificial Intelligence, Artificial Intelligence, Big Data
Total Amount Raised
Subscriber access only

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