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Trinity Capital Issues $30 Million in Growth Funding to Silk Technologies
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Trinity Capital Issues $30 Million in Growth Funding to Silk Technologies
Jan 21, 2025 10:38 AM

01:23 PM EST, 01/21/2025 (MT Newswires) -- Trinity Capital ( TRIN ) has agreed to provide $30 million in growth capital to Silk Technologies to assist the privately-held software firm expand its cloud storage operations, Trinity said on Tuesday.

Specific financial details of the funding package were not disclosed, but Trinity typically organizes up to $100 million in debt funding for its client companies, such as senior or subordinate debt, loans and hybrid packages that can also include equity co-investment, according to its website.

Trinity funded $297 million in total investments during Q4 2024.

Price: 14.69, Change: +0.08, Percent Change: +0.55

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