- Companies
- Silk
Silk Funding, Investors & Competitors
Silk has raised $166M across 4 funding rounds, most recently a $30M undisclosed-stage round in January 2025.
Last Silk funding round
$30M
Undisclosed stage · Jan 2025
Cumulative funding Silk raised
$166M
across 4 funding rounds
Key investors in Silk
Sequoia Capital
Pitango VC
Globespan Capital Partners
La Caisse
Ibex Investors
Trinity Capital
S Capital
Poalim Equity
About Silk
Silk is a Burlington, Massachusetts-headquartered data platform enabling real-time access to production data for AI workloads in public clouds. Launched in 2022, Silk integrates with AWS, Azure, and Google Cloud to deliver agile data without copying, supporting generative AI training on datasets up to petabyte scale. Protected by 20 patents, the platform ensures data governance and compliance for enterprises like financial institutions. Silk reduces data movement latency by 90% compared to traditional methods and serves customers including Fortune 500 banks and healthcare providers.
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Silk Funding History
Silk has raised a total of $166M across 4 funding rounds.
Silk's first fundraising round was a $25M seed round in July 2020. The most recent completed round was a $30M undisclosed-stage round in January 2025.
Silk funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jan 2025 | Undisclosed stage | Trinity Capital (lead) | $30M | Silk Technologies is a software-defined cloud storage provider that helps organizations run business-critical applications in the public cloud while minimizing resource requirements and managing data costs. The platform delivers high throughput and low latency to enhance performance and efficiency of cloud applications and databases. Trinity Capital Inc., a leading alternative asset manager, announced a commitment of $30 million in growth capital to Silk Technologies as disclosed in Q4 2025 financial reports. The investment was reported as part of Trinity Capital's broader milestone year in 2025, which included record originations totaling $1.5 billion in gross investments funded across five lending verticals. |
| Jan 2023 | Series B | La Caisse (lead); Scale-Up | $56M | - |
| Jul 2021 | Series A | S Capital (lead); Pitango VC; Bank Hapoalim; Ibex Investors; Poalim Equity; Menora Mivtachim; Sequoia Capital; Clal Insurance; Globespan Capital Partners; Meitav Investment House | $55M | Silk is a cloud database platform that enables enterprises to migrate mission-critical applications to the cloud while increasing performance over on-premises environments. The platform makes cloud environments run 10x faster and increases application stack resilience to infrastructure failures. Founded by Dani Golan in 2019 and headquartered in Yokneam, northern Israel, the company employs 200 workers with two-thirds based in Israel. Silk completed an oversubscribed Series B financing round of $55 million in July 2021 led by S Capital, with participation from existing investors Sequoia Capital, Pitango, Globespan, Ibex, and Vintage, and new investors Clal Insurance, Bank HaPoalim, Meitav Dash, and Menora Mivtachim. According to CEO Dani Golan, the round was significantly oversubscribed and had to be reopened three times due to immense demand. Golan indicated the company was exceeding its revenue targets, stating it would make three times what was planned due to major companies migrating to the cloud. Silk has expanded partnerships with major cloud vendors, serving as a Microsoft Azure IP co-sell incentivized partner, AWS ISV technology partner, and Google Cloud partner. The $55 million Series B brought total funding raised to $90 million to date. |
| Jul 2020 | Seed | Pitango VC; Sequoia Capital; Globespan Capital Partners | $25M | - |
Who has invested in Silk?
13 investors have backed Silk across its funding rounds, including Sequoia Capital, Pitango VC, Globespan Capital Partners, La Caisse, Ibex Investors and Trinity Capital.
Lead investors include Trinity Capital, La Caisse and S Capital.
Silk Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Jul 2020 | ||
| 2 | Participant | Jul 2020 | ||
| 2 | Participant | Jul 2020 | ||
| 1 | Participant | Jan 2023 | ||
| 1 | Participant | Jul 2021 | ||
| 1 | Lead | Jan 2023 | ||
| 1 | Lead | Jan 2025 | ||
| 1 | Participant | Jul 2021 | ||
| 1 | Participant | Jul 2021 | ||
| 1 | Lead | Jul 2021 | ||
| 1 | Participant | Jul 2021 | ||
This data is available for Pro users. Sign up to see all 13 Silk investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialSilk Competitors
Silk competitors include listed companies like Oracle, MongoDB, Nutanix and Oracle Corp Japan, and private ones like Databricks and Eon.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $67B | $33B | $455B | 7.8x | ||
| Private | $7B | - | $190B | 27.1x | ||
| Publicly listed | $2.5B | ($104M) | $32B | 10.4x | ||
| Publicly listed | $2.5B | $230M | $19B | 6.2x | ||
| Publicly listed | $1.8B | $589M | $7.7B | 3.9x | ||
| Private | - | - | $4B | - |
Silk Public Comps
Silk is still privately-owned, but its public comps include Alphabet, Microsoft, Amazon, Oracle, Cisco, Palantir, Dell, Alibaba Group, IBM and ServiceNow.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $403B | $176B | 10.2x | 8.7x | 23.3x | 19.0x | |||
| $332B | $205B | 11.1x | 10.7x | 18.0x | 17.5x | |||
| $717B | $161B | 3.9x | 3.5x | 17.5x | 13.8x | |||
| $67B | $33B | 8.6x | 7.8x | 17.7x | 13.9x | |||
| $63B | $19B | 7.1x | 6.9x | 23.4x | 17.9x | |||
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $114B | $12B | 3.5x | 2.4x | 34.3x | 20.1x | |||
| $153B | $15B | 1.7x | 1.6x | 17.5x | 13.0x | |||
This data is available for Pro users. Sign up to see all Silk competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Silk
| When was Silk founded? | Silk was founded in 2019. |
| Where is Silk headquartered? | Silk is headquartered in Boston, MA, United States. |
| Is Silk publicly listed? | No, Silk is a private, VC-backed company. |
| How much funding has Silk raised? | Silk has raised $166M across 4 funding rounds. |
| What was Silk's last funding round? | Silk's last funding round was a $30M undisclosed-stage round in January 2025, led by Trinity Capital. |
| Who are Silk's investors? | Silk's investors include Pitango VC, Sequoia Capital, Globespan Capital Partners, Scale-Up, Bank Hapoalim, La Caisse, Trinity Capital, Ibex Investors, Poalim Equity, S Capital and 3 others. |
| Which companies are comparable to Silk? | Companies comparable to Silk include Oracle, Databricks, MongoDB, Nutanix, Oracle Corp Japan and Eon. |
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