SilkRoad Rakes in More Funding Ahead of IPO

SilkRoad Technology, the aptly named competitor of, say, the up-and-coming Workday that peddles cloud-based social talent management solutions, has topped up its funding with another reportedly oversubscribed $35 million round.
That makes an incredible $162 million since 2003.
The latest money comes from new investors Keating Capital and NTT Finance along with existing investors Intel Capital, Crosslink Capital, Foundation Capital, Azure Capital and Tenaya Capital, among others. It’s supposed to support worldwide expansion and product innovation ahead of a potential IPO this year or next.

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