How Much Did Sky Technologies Raise?
Funding & Key Investors

Sky Technologies, a minority-owned small business IT contractor based in the Washington DC area, has secured $350K in total capital, with a recent major strategic investment of $350K. This significant backing underscores the company's established presence and growth trajectory in the government and commercial IT services sector.

The company's recent financing event, characterized as a strategic investment, signals a phase of accelerated development and market expansion, building upon its foundation of delivering specialized IT solutions.

What is Sky Technologies?

Sky Technologies
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Sky Technologies specializes in providing advanced IT services to government and commercial agencies. Its core competencies include Agile Engineering, Enterprise Search, Artificial Intelligence and Machine Learning, Cloud Computing, and Application Modernization. The company has demonstrated its commitment to excellence and client support, evidenced by its AWS Select Tier Services Partner status. This partnership enhances Sky Technologies' capacity to deliver robust cloud solutions and support critical government operations, such as those for the United States Patent and Trademark Office.

Founded in 2006, Sky Technologies leverages its expertise across various contract vehicles, including STARS II and STARS III, enabling it to efficiently serve federal clients. Its strategic location in the Washington DC area positions it advantageously to engage with key government entities.

How much funding has Sky Technologies raised?

Sky Technologies has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Sky Technologies?

With the recent strategic investment and substantial total capital raised, Sky Technologies is poised for significant advancements in its service offerings and market reach. The company's focus on emerging technologies like AI and Machine Learning, coupled with its expertise in cloud computing and application modernization, positions it well to capitalize on the increasing demand for sophisticated IT solutions within the public sector.

Future growth is likely to involve expanding its client base, deepening its technological capabilities, and potentially exploring new contract vehicles or strategic partnerships. The company's established track record and its status as an AWS Select Tier Services Partner provide a strong foundation for continued success and innovation in the competitive IT contracting landscape.

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Frequently Asked Questions Regarding Sky Technologies Financial Insights

What are the most recent funding rounds that Sky Technologies has completed, and what were the funding rounds?
Sky Technologies has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Sky Technologies has raised to date?
Sky Technologies has raised a total of $350K in funding to date.
How many funding rounds has Sky Technologies completed?
Sky Technologies has completed 1 funding rounds.
How much funding did Sky Technologies raise in its most recent funding round?
Sky Technologies raised $350K in its most recent funding round.
Who are the lead investors in Sky Technologies's latest funding round?
The lead investor in Sky Technologies's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Sky Technologies's history?
The largest funding round in Sky Technologies's history was $350K.
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