SilkRoad technology raises $54M for talent management
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.
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About the Author, Anthony Ha
Anthony is VentureBeat's assistant editor, as well as its reporter on enterprise technology, cloud computing, and tech policy. Before joining VentureBeat in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. You can also follow Anthony on Twitter.