Silk
Financials
Estimates*
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 100m | 123m | 164m |
% growth | - | 23 % | 33 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $4.0m | Series A | |
N/A | $12.5m | Series B | |
$15.0m | Series C | ||
N/A | $28.0m | Series D | |
$53.2m | Series E | ||
$40.0m | Series E | ||
* | €68.3m Valuation: €909m | Series F | |
* | $25.0m | Late VC | |
$55.0m | Series B | ||
Total Funding | €280m |
Recent News about Silk
EditSilk is a technology company specializing in automated data lifecycle management, designed to enhance cloud efficiency and performance. The company serves enterprises that rely on cloud infrastructure, particularly those in sectors such as healthcare, finance, and technology. Silk operates in the cloud computing market, offering a platform that integrates seamlessly with major cloud providers and supports various virtual machine shapes and database versions. The business model is based on a subscription service, where clients pay for access to the Silk Cloud Data Platform. Silk generates revenue by providing tools that streamline ETL (Extract, Transform, Load) processes, accelerate development agility, and reduce costs associated with overprovisioning and database licensing. By leveraging technologies like Terraform and Ansible, Silk enables clients to deploy databases seamlessly across different cloud environments, ensuring optimal performance and cost-efficiency.
Keywords: automated data management, cloud efficiency, performance pooling, ETL processes, Terraform, Ansible, cloud infrastructure, database deployment, cost reduction, subscription service.