Spectro Cloud, a San Jose, California-based leading platform provider of a modern Kubernetes (K8s) management platform, announced the closing of a $40 million Series B funding. Spectro Cloud has raised $67.5 million to date
The round was led by New York City-based Stripes, a leading investor in software and consumer products. Other investors participating in the round included Sierra Ventures, Boldstart Ventures, WestWave Capital, T-Mobile Ventures, and Alter Venture Partners.
With the new funding, Spectro Cloud plans to hire 50 new positions by the end of the year, including salespeople, marketing personnel, sales engineers, solutions architects, engineers, and customer support — making the company’s current 24/7 customer support even more robust.
Company: Spectro Cloud, Inc.
Raised: $40.0M
Round: Series B
Funding Month: March 2022
Lead Investors: Stripes
Additional Investors: Sierra Ventures, Boldstart Ventures, WestWave Capital, T-Mobile Ventures, and Alter Venture Partners
Company Website: https://www.spectrocloud.com/
Software Category: Kubernetes Management Platform
About the Company: Co-founded in 2019 by CEO Tenry Fu, Vice President of Engineering Gautam Joshi, and Chief Technology Officer Saad Malik, Spectro Cloud provides a complete and integrated platform that enables organizations to easily manage the full lifecycle of any combination of new or existing, simple or complex, small or large Kubernetes environments, whether in data centers or clouds. With a unique approach to managing multiple clusters, Spectro Cloud gives IT teams complete control, visibility, and production-scale efficiencies to provide developers with highly-curated Kubernetes stacks and tools based on their specific needs, complete with granular governance and enterprise-grade security. Spectro Cloud’s headquarter is in San Jose, California. It also boasts a presence in Germany, India, the Netherlands, and the United Kingdom.
Source: https://www.spectrocloud.com/news/spectro-cloud-closes-40m-series-b-round/