Dutch startup Silk gets 1.3 million euros

Dutch startup Silk gets 1.3 million euros

The Dutch startup Silk raised € 1.3 million (1.6 million dollars) in a seed funding round led by U.S. New Enterprise Associates (NEA) with participation from existing Silk investor Atomico and three additional investors.

The raised amount will be used to expand the team and to keep improving their product and infrastructure.

Silk said on their website that they 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, it’s a great confirmation that their existing investor Atomico (the fund co-founded by Skype co-founder Niklas Zennström) followed up on their investment from last year by participating in this round as well.

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.

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.

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