SilkRoad Closes $16 Mln Financing Round
Keating Capital said it made a $1 million convertible note investment in SilkRoad, an existing portfolio company. The investment by Keating is part of a $16 million growth financing round for SilkRoad. Other participants in the financing include Foundation Capital, Intel Capital, Azure Capital Partners and Crosslink Ventures. Chicago-based SilkRoad provides cloud-based human capital management (HCM) solutions to small- and medium-sized businesses.





