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Silk raises $45M in growth capital funding led by Avenue Capital Group to expand its engineering investment in AI workloads and enhance its enterprise presence.
Amount Raised
$45 Million
Round Type
Venture
MedfordOtherHealthcareInvestors
Description
Silk, based in Needham, MA, secured $45M in growth capital facility funding. The round was led by Avenue Capital Group with participation from several other investors. The funds will be used to scale its go-to-market efforts and deepen its integration with major cloud services. Silk focuses on providing a cloud data platform for machine-driven AI workloads.
Fundz sees it the moment Silk Therapeutics, Inc. raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Silk Therapeutics, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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