We're extremely excited to announce a new round of additional funding for SilverRail - a $40m Series C investment, led by Mithril Capital, a growth equity investment firm, founded by Peter Thiel and Ajay Royan. We're looking forward to the coming years while we continue to prove out the thesis that the rail market can be significantly improved through consolidating the technology into a single platform for the distribution of tickets worldwide.
Full press release is below.
You may have heard that SilverRail acquired Jeppesen Journey Planner on 19th November 2013. Immediately on acquisition we have rebranded our acquired global multi-modal journey planner to be SilverRail Journey Planner.
Some say, if you want to know what’s ahead, simply look to the younger generation. With the majority of the world’s population under the age of 30, and possessing a digital shadow, it’s not difficult to do so. Since 2011 more smartphones have been sold worldwide than desktop computers thereby making conversing with digital ‘natives’ through mobile apps and social media even easier.
Last month at the GBTA conference in San Diego, SilverRail were honoured to win the Spotlight on Transformation which "focuses on the future thought leaders of business travel management and highlights successful innovators that allow the travel manager and the corporate traveler to elevate the business of travel". That sounds like us!!
Please watch the video below to see the awards ceremony.