Skytap Banks $45 Million VC to Move Legacy Apps to Cloud.

The article reports on the money acquired by global public hybrid cloud provider Skytap in Series E funding. The Skytap mentions in a statement that the funding comes during a period of growth revealing that its total sales more than tripled year-over-year in second quarter (Q2) 2017. It says that primary offering of the company aims to provide end users with the ability to quickly create cloud-based virtual environments through self-service tools and automated procedures.