SilkRoad, Inc.

SilkRoad Technology, Inc. is a human capital management software company. [2] SilkRoad Technology is headquartered in Chicago, Illinois, and has regional offices around the world. The company has more than 1,000 mid-market and enterprise clients, including Accenture, IBM, eBay, L'Oréal, and Clear Channel Communications.[3]

SilkRoad Technology, Inc.
TypeCorporation
IndustryHuman resources software
FoundedWinston-Salem, North Carolina, US (2003)
FounderAndrew Filipowski
Brian Platz
Headquarters
Chicago, Illinois
,
USA
Area served
Worldwide
Key people
Robert Dvorak
- President & CEO
Michael Lloyd
- Managing Director, International
Janet Halma
- Chief Revenue Officer
Kate O'Neill
- Chief Financial & People Officer
Anuj Gupta
- SVP, Chief Client Officer
Asif Malik
- SVP, CIO
Lilith Christiansen
- SVP Chief Strategy and Product Officer
Karl Fruecht
- SVP, Sales, Marketing & Business Development
ProductsOpenHire (Recruiting), RedCarpet (Onboarding), GreenLight (Learning), Wingspan (Performance), HeartBeat, Point, LifeSuite
Revenue US$[1]
Number of employees
300 [1]
Websitewww.silkroad.com

The company ranked #4 in The Business Journal’s list of 50 Top-Performing Private Companies.[4]

History

SilkRoad Technology, Inc. was founded in North Carolina in 2003 by Andrew "Flip" Filipowski with Eprise, and launched at the Human Resource Executive Technology Conference and Expo in Chicago in 2005.[5]

SilkRoad Technology acquired OpenHire, based in Winston-Salem in 2004.[6]

SilkRoad Technology acquired VTN Technologies, Inc., a company known for its Olé Online Learning Environment training software, in 2008,[7] and had raised $54 million in Series C funding by this year.[8] The company also opened offices in Asia and the Pacific Rim.

The company headquarters relocated to Chicago in 2010, but the Boston and Winston-Salem locations are the primary design and development centers.[9]

Investors include Foundation Capital, Azure Capital Partners, Tenaya Capital, Intel Capital, Keating Capital, and Crosslink Ventures. In May 2012, SilkRoad announced it had secured $35 million financing in a Series C Round.[10][11] In August 2013, SilkRoad secured another $16 million, bringing its total funding to $145 million.[12][13] In May 2015, SilkRoad secured another loan for $7.5 million, bringing its total funding to $152.5 million.[14]

In 2019 SilkRoad Technology began providing Consulting Services.

Locations

SilkRoad Technology's corporate headquarters are in Chicago with offices in Boston, Jacksonville, Florida, Red Bank, New Jersey, San Francisco, and Winston-Salem, North Carolina.

SilkRoad Technology operates in facilities around the globe, including [15] Edmonton, Alberta, Canada; London, England; Paris, France; Düsseldorf, Germany; Copenhagen, Denmark; Singapore; Sydney, Australia; Hong Kong; Shanghai, China; Tokyo, Japan; Osaka, Japan; Taguig, Philippines; and Auckland, New Zealand.[16]

Products
NameDescription
Recruiting (OpenHire)Recruiting Management and Applicant Tracking System[17]
Onboarding (RedCarpet)Onboarding and Life Events[18]
Learning (GreenLight)Learning Management[19][20]
Performance (WingSpan)Performance Management[21]
HeartBeatHRIS/HRMS[22]
PointSocial Collaboration and Content Management[23][24]

Partnerships

Indeed.com,[25] Broadbean Technology, Concur Technologies, Deltek,silk road Fidelity Investments HR/PR Services, Indeed, LexisNexis, Monster.com, NetSuite, NETtime Solutions, Nobscot, PayScale, Simply Hired, Talent Technology, TheLadders.com, ADP,[26] Aurico,[27] CareerJet,[28] GlassDoor,[29] Inconix,[30] HireRight,[31] CareerBuilder.[32]

References
  1. "SilkRoad Technology, Inc. - Company Profile". InsideView. Retrieved 7 September 2013.
  2. Pratt's Guide to Private Equity & Venture Capital Sources (Digitized Sep 29, 2011 ed.). Ithaca, NY: Capital Publications, Thomson Reuters. 2008. p. 1335. ISBN 9780979627811.
  3. Ward's Business Directory of U.S. Private and Public Companies. Parts 3-4. 50. Farmington Hills, MI: Gale Research Inc. 2007. p. 3932. ISBN 9781414480039.
  4. "SilkRoad Success Story - Celoxis". www.celoxis.com. Retrieved 2020-05-04.
  5. "Why Attend? | 2018 Attendees Experienced . . ". www.hrtechnologyconference.com. Retrieved 2019-01-03.
  6. "SilkRoad Acquires Triad-Based OpenHire Software". WRAL Tech Wire. 7 May 2004. Retrieved 28 September 2013.
  7. "NC-based Silkroad technology acquires VTN Technologies". TechJournal. 3 November 2008. Retrieved 2013-09-28.
  8. "SilkRoad Technology : CrunchBase Profile". TechCrunch. 2008-05-15. Retrieved 2014-01-09.
  9. Kutik, Bill. "There is Another! SilkRoad" Human Resource Executive Online, 20 October 2012.
  10. Lardinois, Frederic "Social Talent Management Solution SilkRoad Secures $35M Series C Round, Preps for Potential IPO." TechCrunch, 14 May 2012.
  11. Bort, Julie. "VCs are throwing money at these 10 enterprise startups." Business Insider, 17 March 2013.
  12. Bort, Julie. "The OTHER SilkRoad, which doesn't sell drugs, has now raised $145 million." Business Insider, 12 August 2013.
  13. Nelson, Fritz. "The bubble around talent and human capital management is too big." Pando Daily, 14 August 2013.
  14. http://globenewswire.com/news-release/2015/05/19/737419/10135226/en/Horizon-Technology-Finance-Provides-7-5-Million-Venture-Loan-to-SilkRoad-Technology.html
  15. Evans, Matt. "SilkRoad adds Asia Pacific customers." The Business Journal, 20 December 2012.
  16. SilkRoad Worldwide Office Locations
  17. BrandonHall Bronze Award: Best Advance in Talent Acquisition Technology, 2011
  18. Marks, Shala. "SilkRoad partners with Nobscot helping companies optimize HR functions." Recruiter.com, 9 April 2013.
  19. HRO Today's TekTonic Award for Learning Management System, 2012. HRO Today, June 2012.
  20. Brandon Hall Excellence in Technology Silver Award - Best Advance in Learning Management Technology, 2012.
  21. "Succession Planning Roadmap." Workforce, 11 March 2013.
  22. HRO Today's TekTonic Award WInner - Best HRMS Suite, 2013. HRO Today, May 2013.
  23. Sommer, Brian. "SilkRoad Point - Where HR, Performance and KM Meet." ZDNet, 20 October 2011
  24. Netexplo Award Winner, 2012 Netexplo, retrieved September 2013.
  25. "Indeed". SilkRoad. Retrieved 2019-01-03.
  26. "ADP". SilkRoad. Retrieved 2019-01-03.
  27. "Aurico". SilkRoad. Retrieved 2019-01-03.
  28. "CareerJet". SilkRoad. Retrieved 2019-01-03.
  29. "Glassdoor". SilkRoad. Retrieved 2019-01-03.
  30. "Iconixx". SilkRoad. Retrieved 2019-01-03.
  31. "HireRight". SilkRoad. Retrieved 2019-01-03.
  32. "CareerBuilder". SilkRoad. Retrieved 2019-01-03.
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