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.
Log in to access full profile ›Company Intelligence Q&A
- When was Silk Technologies founded?
- Silk Technologies was founded in March 2008.
- When did Kaminario change its name to Silk?
- Kaminario announced its company name change to Silk in July 2020.
- Who invested in Silk Technologies in October 2018?
- In October 2018, Western Digital invested in Silk Technologies (then Kaminario).
- What was a key leadership appointment in October 2021?
- In October 2021, Silk Technologies announced the appointment of a Chief Sales Officer as part of its senior leadership team.