The worldwide shutdown, which began on Thursday and ended on Saturday, left users unable to log on to make phone calls or send instant messages.
In an update to users on Skype's Heartbeat blog, employee Villu Arak said the disruption was not because of hackers or any other malicious activity.
"The disruption was initiated by a massive restart of our users' computers across the globe within a very short timeframe as they rebooted after receiving a routine software update," he wrote.
He added: "The abnormally high number of restarts affected Skype's network resources. This caused a flood of log-in requests, which, combined with the lack of peer-to-peer network resources, prompted a chain reaction that had a critical impact."
The shutdown was a critical moment for the company, founded in 2003 by Niklas Zennstrom and Janus Friis, and was the first major blackout since October 2005 when its service was down for only for a few hours.
"This disruption was unprecedented in terms of its impact and scope," Arak wrote.
"We would like to point out that very few technologies or communications networks today are guaranteed to operate without interruptions."
Luxembourg-based Skype, part of online auction giant eBay, has more than 220 million users in total but typically has 5 million to 6 million users online at any given time. In January, Skype reported that it had counted 9 million users online at one time.
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