Skykick Secures $3M in Financing to Support Channel

Microsoft Office 365 migration solution provider SkyKick this week said it has raised $3 million in “strategic capital” to help the company reach and serve more of its channel partners.

Several private equity investors contributed to the venture funding round, including Tim Ferriss, a well-known angel investor; former Qwiki COO Navin Thukkaram; and Ironfire Capital, a naples, Florida-based investment management firm.

The Seattle, Washington-based  company said the additional funding with be used to reach more customers both in the United States and internationally.

“We generally get two types of feedback from partners — first is that they wish they had heard about us sooner, and second, that SkyKick is helping them grow their business,” Skykick co-founder and co-CEO Todd Schwartz told Talkin’ Cloud.

Additional funding seems to be out of the question — at least for now. “Right now, we are 100 percent laser-focused on enabling partners to scale their cloud practices. Additional funding is not a priority right now,” he said.

As for the company’s plans for the channel, Schwartz said the following:

“While we don’t get into details about products in development, our focus is always how can we help our partners be successful with Office 365. Based on partner feedback, over the last year alone SkyKick has introduced the Enterprise Migration Suite, Microsoft Exchange Public Folder migration automation, and a new Project Management Application to help partners scale their cloud offerings. We are constantly getting great partner feedback and taking that feedback to help our partners grow their cloud practice.”

The company is in a hiring mode. Schwartz said SkyKick is “looking to hire a wide-range of employees, from sales and marketing to software developers and quality assurance.”

The company in May 2014 rolled out the SkyKick Enterprise Migration Suite, a tool designed to enable IT solutions providers to shift their larger customers to Office 365.

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