NEA et al invest in Silk series-B

The Amsterdam-based company received its first $475,000 funding round in April 2011 from Atomico and a group of individual investors. The business went on to grow quickly in the year following the investment.

Silk plans to use its second round of funding to grow further by expanding the team and boosting infrastructure and development.

Company
Silk is a web-based platform that allows users to store and share selective information. The technology started development in 2009 and launched in open beta in May 2012. The company is based in Amsterdam.

People
Mattias Ljungman is a partner at Atomico, while general partner Pete Sonsini worked on the deal for NEA. Individuals Anil Hansjee, Jens Christensen and Philippe Cases also invested in the round.

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• Topics
• Expansion
• Benelux
• Technology
• Netherlands