# skytide

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/skytide

- Industry: Software
- Headquarters: Oakland, US
- Website: www.skytide.com
- Total disclosed funding: $6M
- Latest round: Series A (Aug 15, 2005)
- Investors on record: 2

## 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.

## Funding rounds

- Series A, Aug 15, 2005, $6M — El Dorado Ventures, Granite Ventures

## Investors

- El Dorado Ventures (https://capitalatlas.ai/funds/el-dorado-ventures) — Series A
- Granite Ventures (https://capitalatlas.ai/funds/granite-ventures) — Series A