Tech Company Financing Transactions
Silk Funding Round
Silk, based in Needham, secured $45 million in investment from Avenue Capital, Ibex Investors and S Capital.
Transaction Overview
Company Name
Announced On
9/24/2026
Transaction Type
Debt
Amount
$45,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand engineering investment in its data platform, scale its go-to-market efforts and deepen its enterprise footprint across Amazon Web Services, Microsoft Azure, and Google Cloud.
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
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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.
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