Today we are very excited to announce the completion of a $1.6 million seed funding round led by New Enterprise Associates (NEA) with participation from existing Silk investor Atomico and three additional investors. The raised amount will be used to expand our team and to keep improving our product and infrastructure.
We are thrilled to partner up with NEA, the biggest US venture capital firm with a committed capital of $13 billion, who happened to announce their new $2.6 billion fund last week. Also, its a great confirmation that our existing investor Atomico (the fund co-founded by Skype co-founder Niklas Zennstrm) followed up on their investment from last year by participating in this round as well.
Additional backers in the round are Anil Hansjee, a well known angel and advisor to many companies, including Fon, who previously served as Google’s head of corporate development EMEA; Jens Christensen, best known for his role as CEO of Ellerdale (acquired by Flipboard); and Philippe Cases, an angel investor and entrepreneur, currently CEO of Spoke Software.
What are we working on?
For those who dont know us: Silk is a place to create, share and find structured information. Share those special places in Madrid, the video games you are playing or the length of your children as they grow. Public transport companies can use Silk to find patterns in their delays. Human rights organizations can keep track of violations by governments. Investors use Silk to publish their investment portfolio.
Weve learned that Silk comes in handy for information that:
- has some structure,
- is valuable to share in real time, but
- should also remain available to be used later
A current example would be a Silk site about Olympic medals. You may want to keep track of all Olympic medals as they are won, or perhaps filter on your country or on a sport you are interested in. The information should also remain available to generate overviews from, such as a map of the world indicating the number of medals each country has won or simply a list of medals won by The Netherlands.
We are very excited to be working with both Atomico and NEA, as this will help us to further build on our vision. If you are interested in using Silk, sign up here. Organizations who want to use Silk professionally, feel free to get in touch.
And finally, yes, we are hiring!