Company Overview
Snapshot
Founded in March 2008 by Dani Golan, Silk Technologies operates with 201–500 employees. The company has raised $254.5M across 10 funding rounds from 15 investors.
Business overview
Silk Technologies provides a cloud data platform designed to optimize cloud environments, enabling organizations to enhance performance from existing cloud data while reducing costs. The platform integrates between the application stack and cloud infrastructure, ensuring efficient operation without requiring changes to the existing setup. It features real-time data reduction, thin provisioning, and continuous resource optimization, automatically aligning cloud data spend with actual data needs. Silk Technologies operates within the Business Software sector, focusing on IT, R&D & Data Solutions, and Data Architecture, leveraging artificial intelligence, machine learning, and cloud data storage technologies.
Strategic signal
In July 2020, Kaminario announced its company name change to Silk. This rebranding signifies a strategic pivot, reflecting the company's evolution from its origins in all-flash arrays to a broader focus on cloud data optimization. This move signals to investors a renewed emphasis on cloud-native solutions and a commitment to adapting to the evolving demands of enterprise cloud infrastructure.
Company Intelligence Q&A
- When was Silk Technologies founded and by whom?
- Silk Technologies was founded in March 2008 by Dani Golan.
- Which investors participated in the January 2017 funding round?
- In January 2017, investors including Waterwood Group.
- What was the strategic significance of the company's name change?
- In July 2020, Kaminario changed its name to Silk, reflecting a strategic shift towards cloud data optimization and a broader focus beyond its original all-flash array offerings.
- What was a notable product development in September 2015?
- In September 2015, Kaminario (now Silk Technologies) upgraded its all-flash arrays, reducing flash storage costs to below $1 per GB.