About Silk Security
Silk Security is a company based in Santa Clara (United States) founded in 2022 was acquired by Armis Security in April 2024.. Silk Security has raised $12.5 million across 1 funding round from investors including Armis Security, Insight Partners and Hetz Ventures. Silk Security operates in a competitive market with competitors including Dazz, Veriti, Seemplicity, Cortex Xpanse and trackd, among others.
- Headquarter Santa Clara, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.5 M (USD)
in 1 rounds
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Latest Funding Round
$12.5 M (USD), Seed
Aug 03, 2023
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Investors
Armis Security
& 2 more
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Employee Count
Employee Count
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Acquired by
Armis Security
(Apr 17, 2024)
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Software Development Team
4 people
Data Analysis and Operations Team
1 people
Full Team
1 people
Unlock access to complete
Funding Insights of Silk Security
Silk Security has successfully raised a total of $12.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $12.5 million completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $12.5M
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First Round
First Round
(03 Aug 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Seed - Silk Security | Valuation | Insight Partners , Hetz Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Silk Security
Silk Security has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Armis Security, Insight Partners and Hetz Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Early-stage Israeli startups are supported through venture capital investments.
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Founded Year | Domain | Location | |
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Wireless security platform for IoT applications is provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Silk Security
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Silk Security
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Silk Security Comparisons
Competitors of Silk Security
Silk Security operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dazz, Veriti, Seemplicity, Cortex Xpanse and trackd, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cyber risk and vulnerability assessment solutions
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| domain | founded_year | HQ Location |
AI-based platform for business risk management is utilized.
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| domain | founded_year | HQ Location |
Provider of a platform offering cyber risk and vulnerability assessment solutions
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| domain | founded_year | HQ Location |
Network risks are assessed and managed via cloud-based discovery.
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| domain | founded_year | HQ Location |
Platform offering cyber risk and vulnerability assessment solution
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Silk Security
Frequently Asked Questions about Silk Security
When was Silk Security founded?
Silk Security was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Silk Security located?
Silk Security is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Who is the current CEO of Silk Security?
Yoav Nathaniel is the current CEO of Silk Security.
Is Silk Security a funded company?
Silk Security is a funded company, having raised a total of $12.5M across 1 funding round to date. The company's 1st funding round was a Seed of $12.5M, raised on Aug 03, 2023.
What does Silk Security do?
Silk Security was founded in 2022 in Santa Clara, United States, within the cybersecurity sector. A platform is provided for vulnerability management, where alerts from multiple sources are separated and prioritized. Read-only integrations are supported with endpoint management systems, asset platforms, developer security tools, workflow systems, vulnerability scanners, and detection instruments to facilitate information handling across operations.
Who are the top competitors of Silk Security?
Silk Security's top competitors include Dazz, Veriti and Seemplicity.
Who are Silk Security's investors?
Silk Security has 3 investors. Key investors include Armis Security, Insight Partners, and Hetz Ventures.
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