Tech Company Financing Transactions
Silk Funding Round
Silk closed a $55 million Series B venture capital round on 7/8/2021. Investors included S Capital, Bank Hapoalim and Clal Insurance.
Transaction Overview
Company Name
Announced On
7/8/2021
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its sales and marketing efforts and expand engineering development.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
75 Second Ave. 6th Floor 620
Needham, MA 02494
USA
Needham, MA 02494
USA
Phone
Website
Email Address
Overview
The cloud was a total game-changer. Agility and flexibility like nobody's business. And living in it used to be simple -- just scale up whenever and however you want. But then things got complicated. And as we moved more of our critical data and databases to the cloud, the rules started working against us.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 7/8/2021: Linus Health venture capital transaction
Next: 7/8/2021: Zerion venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs