Trinity Capital Inc. Provides $30 Million in Growth Capital to Silk Technologies Inc.
Trinity Capital (NASDAQ: TRIN) has announced a $30 million growth capital commitment to Silk Technologies, a software-defined cloud storage provider. Silk's platform specializes in enhancing cloud applications and databases performance while optimizing cloud resource usage and data management costs.
The company has demonstrated significant growth, doubling its revenue over the past two years through new customer acquisitions. The funding will support Silk's operational scaling and growth initiatives, particularly as AI drives increased demand for data processing capabilities. The company's solutions target various sectors including finance, healthcare, insurance, and retail industries.
Trinity Capital (NASDAQ: TRIN) ha annunciato un impegno di capitale per la crescita di 30 milioni di dollari a favore di Silk Technologies, un fornitore di storage cloud definito da software. La piattaforma di Silk si specializza nel migliorare le prestazioni delle applicazioni e dei database cloud, ottimizzando nel contempo l'uso delle risorse cloud e i costi di gestione dei dati.
L'azienda ha dimostrato una crescita significativa, raddoppiando il proprio fatturato negli ultimi due anni grazie all'acquisizione di nuovi clienti. I finanziamenti supporteranno l'espansione operativa e le iniziative di crescita di Silk, in particolare poiché l'IA sta generando una domanda crescente per le capacità di elaborazione dei dati. Le soluzioni dell'azienda mirano a diversi settori, tra cui finanza, sanità, assicurazioni e vendite al dettaglio.
Trinity Capital (NASDAQ: TRIN) ha anunciado un compromiso de capital de crecimiento de 30 millones de dólares para Silk Technologies, un proveedor de almacenamiento en la nube definido por software. La plataforma de Silk se especializa en mejorar el rendimiento de las aplicaciones y bases de datos en la nube, optimizando el uso de recursos en la nube y los costos de gestión de datos.
La empresa ha demostrado un crecimiento significativo, duplicando sus ingresos en los últimos dos años a través de nuevas adquisiciones de clientes. La financiación apoyará la escalabilidad operativa y las iniciativas de crecimiento de Silk, especialmente a medida que la IA impulsa la creciente demanda de capacidades de procesamiento de datos. Las soluciones de la empresa se dirigen a varios sectores, incluidos finanzas, atención médica, seguros y comercio minorista.
트리니티 캐피탈 (NASDAQ: TRIN)은 3천만 달러의 성장 자본 투자를 실크 테크놀로지스에 발표했습니다. 실크는 소프트웨어 정의 클라우드 스토리지 제공업체입니다. 실크의 플랫폼은 클라우드 애플리케이션 및 데이터베이스 성능을 향상시키는 동시에 클라우드 리소스 사용 및 데이터 관리 비용을 최적화하는 데 전문화되어 있습니다.
회사는 신규 고객 확보를 통해 지난 2년간 수익이 두 배로 증가하는 등 상당한 성장을 보여주었습니다. 이 자금은 AI가 데이터 처리 능력에 대한 수요 증가를 이끄는 가운데, 실크의 운영 확장 및 성장 계획을 지원할 것입니다. 회사의 솔루션은 금융, 의료, 보험 및 소매 산업을 포함한 다양한 분야를 대상으로 하고 있습니다.
Trinity Capital (NASDAQ: TRIN) a annoncé un engagement de capital de croissance de 30 millions de dollars en faveur de Silk Technologies, un fournisseur de stockage cloud défini par logiciel. La plateforme de Silk se spécialise dans l'amélioration des performances des applications et des bases de données cloud tout en optimisant l'utilisation des ressources cloud et les coûts de gestion des données.
L'entreprise a montré une croissance significative, doublant son chiffre d'affaires au cours des deux dernières années grâce à l'acquisition de nouveaux clients. Le financement soutiendra l'expansion opérationnelle et les initiatives de croissance de Silk, surtout alors que l'IA stimule la demande croissante pour les capacités de traitement des données. Les solutions de l'entreprise ciblent divers secteurs, y compris la finance, la santé, les assurances et le commerce de détail.
Trinity Capital (NASDAQ: TRIN) hat ein Wachstumskapitalengagement in Höhe von 30 Millionen Dollar für Silk Technologies, einen Anbieter von softwaredefiniertem Cloud-Speicher, bekannt gegeben. Die Plattform von Silk spezialisiert sich auf die Verbesserung der Leistung von Cloud-Anwendungen und -Datenbanken, während sie die Nutzung von Cloud-Ressourcen und die Kosten für das Datenmanagement optimiert.
Das Unternehmen hat ein signifikantes Wachstum gezeigt, den Umsatz in den letzten zwei Jahren verdoppelt und dabei neue Kunden akquiriert. Die Finanzierung wird Silk bei der operativen Skalierung und den Wachstumsinitiativen unterstützen, insbesondere da KI die Nachfrage nach Datenverarbeitungsfähigkeiten erhöht. Die Lösungen des Unternehmens zielen auf verschiedene Sektoren ab, darunter Finanzen, Gesundheitswesen, Versicherungen und Einzelhandel.
- Committed $30 million in growth capital to expand operations
- Revenue doubled over the past two years
- Growing customer base in multiple industry sectors
- None.
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For Trinity Capital (TRIN), this investment aligns with their business development company (BDC) model, potentially generating stable interest income while maintaining portfolio diversification. The deal's timing coincides with the surge in AI adoption, which drives exponential data storage demands. This positions both companies to capitalize on the growing enterprise cloud storage market, estimated to expand at a CAGR of
A simple way to understand this: Think of Trinity Capital as a bank for tech companies, but instead of lending to homeowners, they lend to growing tech businesses. They make money from interest payments while helping these companies grow without diluting their ownership.
Silk's technology addresses a critical bottleneck in cloud computing: the gap between storage performance and cost efficiency. Their software-defined approach is particularly valuable for AI workloads, which require high-throughput, low-latency data access. The platform's ability to minimize cloud resource requirements while maintaining performance is a key differentiator in a market where cloud costs can spiral quickly.
The focus on finance, healthcare, insurance and retail industries is strategic, as these sectors handle massive data volumes and require strict performance guarantees. Silk's solution helps enterprises migrate critical applications to the cloud while maintaining on-premises-like performance - imagine having the speed of a local hard drive with the flexibility of cloud storage.
For non-technical readers: Silk's technology is like having a smart traffic controller for data in the cloud, ensuring information moves quickly and efficiently while keeping costs down. This is especially important now that AI systems need to process huge amounts of data quickly.
Silk is a software-defined cloud storage provider focused on enhancing the performance and efficiency of cloud applications and databases. Silk's platform provides high throughput and low latency, helping organizations to run their business-critical applications in the public cloud while continuously minimizing cloud resource requirements and the cost of managing data.
"With AI transforming how enterprises manage and consume data, Silk's cloud storage solutions are timely and necessary," said Jack McNamara, Director Tech Lending at Trinity Capital. "We're excited to provide Silk with this capital to capture the growth opportunities across the finance, healthcare, insurance, and retail industries."
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.
"The partnership with Trinity Capital will help to ensure our cloud storage solutions continue to meet the evolving data demands of enterprises," said Dani Golan, Founder & CEO of Silk. "AI is driving the need to process exponentially more data, and the Silk platform is well positioned to deliver the performance AI requires at a fraction of the cost."
About Trinity Capital Inc.
Trinity Capital Inc. (Nasdaq: TRIN) is an international alternative asset manager, aiming to provide investors with stable and consistent returns through access to the private credit market. We source, vet, and invest in dynamic privately funded growth-oriented companies, giving our investors access to a strong and diversified portfolio. With distinct business verticals, Trinity Capital stands as a trusted partner for innovative companies seeking tailored growth capital solutions. Headquartered in
About Silk
Silk enables organizations to migrate and run their most complex business-critical applications in the public cloud while continuously optimizing performance, reliability, and costs. As the demand for data and AI grow exponentially, Silk's software-defined cloud storage enables enterprises to confidently transform to a cloud-first business.
Silk leverages over 20 technology patents so customers can effortlessly unlock the full potential of the public cloud in a fraction of the time. Silk is headquartered outside of
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SOURCE Trinity Capital Inc.
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