SilkRoad technology raises $54M for talent management
May 15, 2008 | Anthony Ha
SilkRoad technology, a startup that delivers software-as-a-service to help companies manage their employees, has closed a $54 million road of equity capital. The funding is led by new investor Foundation Capital, with participation from existing backers Azure Capital Partners, SilkRoad Equity and several individual investors.
The Winston-Salem, NC-based startup has more than 700 customers for a suite of products that includes recruitment software OpenHire, employee performance management tool Wingspan and Eprise, which provides employee intranets and content management.
Tags: co:SilkRoad technology, inv:Azure-Capital-Partners, inv:Foundation-Capital, inv:SilkRoad Equity
Anthony Ha writes about enterprise technology, cloud computing, tech policy, and random cool startups. Before joining VentureBeat in January 2008, he worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. Anthony attended Stanford University from 2001 to 2006, and now lives in San Francisco. Reach him at anthony@venturebeat.com.
