Silk Technologies

Cloud Data Platform

Business Software
Private
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Company Overview

Snapshot

Founded in March 2008 by Dani Golan, Silk Technologies operates with 201–500 employees. The company has raised a total of $254.5 million across 10 funding rounds from 15 investors. In July 2021, Silk Technologies secured a Series B funding round with S Capital VC and Sequoia Capital.

Business overview

Silk Technologies provides a cloud data platform designed to optimize cloud environments, enhancing performance and reducing costs for organizations. Its platform integrates between the application stack and cloud infrastructure, ensuring efficient operation without requiring changes to the existing setup. The company's technology includes real-time data reduction, thin provisioning, and continuous resource optimization, automatically aligning cloud data expenditure with actual data needs. Silk Technologies serves various industries with its enterprise solutions, operating within the Business Software sector and leveraging technologies such as Data Architecture, Cloud, and Machine Learning.

Strategic signal

In July 2020, Kaminario announced its company name change to Silk. This rebranding signals a strategic pivot, emphasizing the company's evolution beyond its original flash storage focus towards a broader cloud data platform offering. For investors, this indicates a move to capture a larger share of the cloud optimization market, reflecting adaptability and a commitment to addressing evolving enterprise data needs.

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Company Intelligence Q&A

What was a significant recent funding event for Silk Technologies?
In July 2021, Silk Technologies secured a Series B funding round. S Capital VC led this round, with participation from Sequoia Capital.
When did Kaminario rebrand to Silk Technologies?
In July 2020, Kaminario officially announced its company name change to Silk Technologies, reflecting its expanded focus on cloud data optimization.
Which investor participated in the October 2018 funding round?
In October 2018, Silk Technologies received funding from La Maison Partners and Western Digital.
What was a key product development announced by Kaminario in September 2015?
In September 2015, Kaminario upgraded its all-flash arrays, aiming to reduce flash storage costs to below $1 per GB.
When was the company founded and by whom?
Silk Technologies was founded in March 2008 by Dani Golan.
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