Trinity Capital (TRIN) commited $30M in growth capital to Silk Technologies, a provider of software-defined cloud storage. Silk is a software-defined cloud storage provider focused on enhancing the performance and efficiency of cloud applications and databases. Silk continues to onboard new customers, resulting in a twofold increase in revenue over the past two years. This growth capital will enable Silk to continue to scale operations and fund growth initiatives.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TRIN: