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NEA joins Atomico as Silk backer through extended $1.6m seed round

7 Oct 2013

silk_170sqVenture Capital firm New Enterprise Associates has backed a $1.6m extended seed round investment for Dutch cloud-based data publishing business Silk.

The investment was announced alongside Silk’s first paid offering, a program which aims to give non-technical workers the power to build highly-structured collections of data.

Silk’s extended financing round brings its total funding to date to $3.7m, which also features investment from Skype co-founder Niklas Zennstrom’s venture fund Atomico.

Human Rights Watch said it used Silk to combine hundreds of different Word documents and spreadsheets containing voting records and commentary on United Nations voting patterns into a single Silk Site.

It said users could generate maps, tile views, Wiki-style pages, lists, and charts of every country’s UN voting record on human rights resolutions organized by country, year, region, and specific resolution.

HRW digital director Stephen Northfield said, “Before Silk, it was incredibly time consuming to keep track of the voting patterns on amendments.

“And building graphics to show our findings was also difficult and required an expert resource. Silk lets our non-technical staff convert years of data into beautiful interactive maps and graphics.

“This allows our team and anyone else the ability to study voting records from almost any vantage point with just a few clicks.”

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