NEEDHAM, MA, Silk has completed an oversubscribed Series B round of financing at a total of $55 million led by S Capital.
Silk, the database supercharger, has completed an oversubscribed Series B round of financing at a total of $55 million. S Capital led the investment round with participation from existing investors including Sequoia Capital, Pitango, Globespan, Ibex, and Vintage and new investors including Clal Insurance, Bank HaPoalim, Meitav Dash and Menora Mivtachim.
The Silk Platform is a cloud platform that enables enterprises to migrate their mission critical applications to the cloud seamlessly, while increasing performance over on-prem environments. The platform makes cloud environments run 10x faster and the entire application stack more resilient to any infrastructure hiccups or malfunctions.
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