Silk Funding, Investors & Competitors

Silk has raised $166M across 4 funding rounds, most recently a $30M undisclosed-stage round in January 2025.

See full Silk profile

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

Silk Overview

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

United StatesBoston, MA

Website

silk.us

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

Silk funding rounds
DateStageInvestorsRaisedDeal Summary
Jan 2025Undisclosed stageTrinity Capital (lead)$30MSilk 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 2023Series BLa Caisse (lead); Scale-Up$56M-
Jul 2021Series AS Capital (lead); Pitango VC; Bank Hapoalim; Ibex Investors; Poalim Equity; Menora Mivtachim; Sequoia Capital; Clal Insurance; Globespan Capital Partners; Meitav Investment House$55MSilk 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 2020SeedPitango 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

Investors in Silk by funding rounds participated
InvestorHQRoundsRoleFirst check
Pitango VCIsraelHerzliya2ParticipantJul 2020
Sequoia CapitalUnited StatesSan Francisco, CA2ParticipantJul 2020
Globespan Capital PartnersUnited StatesBoston, MA2ParticipantJul 2020
Scale-UpUnited StatesSan Francisco, CA1ParticipantJan 2023
Bank HapoalimIsraelTel Aviv1ParticipantJul 2021
La CaisseCanadaMontreal1LeadJan 2023
Trinity CapitalUnited StatesPhoenix, AZ1LeadJan 2025
Ibex InvestorsUnited StatesDenver, CO1ParticipantJul 2021
Poalim EquityIsraelTel Aviv1ParticipantJul 2021
S CapitalIsraelTel Aviv1LeadJul 2021
Menora MivtachimIsraelTel Aviv1ParticipantJul 2021

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Silk Competitors

Silk competitors include listed companies like Oracle, MongoDB, Nutanix and Oracle Corp Japan, and private ones like Databricks and Eon.

Public and private companies comparable to Silk
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
OracleUnited StatesUnited StatesPublicly listed$67B$33B$455B7.8x
DatabricksUnited StatesSan Francisco, CAPrivate$7B-$190B27.1x
MongoDBUnited StatesUnited StatesPublicly listed$2.5B($104M)$32B10.4x
NutanixUnited StatesUnited StatesPublicly listed$2.5B$230M$19B6.2x
Oracle Corp JapanJapanJapanPublicly listed$1.8B$589M$7.7B3.9x
EonUnited StatesNew York City, NYPrivate--$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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Alphabet$403B$176B10.2x8.7x23.3x19.0x
Microsoft$332B$205B11.1x10.7x18.0x17.5x
Amazon$717B$161B3.9x3.5x17.5x13.8x
Oracle$67B$33B8.6x7.8x17.7x13.9x
Cisco$63B$19B7.1x6.9x23.4x17.9x
Palantir$4.5B$1.5B92.6x58.1x285.0x97.4x
Dell$114B$12B3.5x2.4x34.3x20.1x
Alibaba Group$153B$15B1.7x1.6x17.5x13.0x

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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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