- It said that it will use the funding will be used to fuel the continued expansion of its direct and partner sales and support channels both in the U.S. and internationally
- Spectro Cloud will continually focus on adding top engineering talent to improve its product and services for customers
Spectro Cloud has announced the completion of its Series A funding round, amounting to $20 million, which is led by Stripes, a leading investor in software and consumer products. Prior to this current investment round, Spectro Cloud had previously raised $7.5 million in seed funding from Sierra Ventures, boldstart ventures, WestWave Capital and Firebolt Ventures, all of which also participated in the current Series A funding round. Additional Series A investors include T-Mobile Ventures and Alter Venture Partners.
It said that it will use the funding will be used to fuel the continued expansion of its direct and partner sales and support channels both in the U.S. and internationally. Spectro Cloud will continually focus on adding top engineering talent to improve its product and services for customers.
“We have seen Kubernetes rapidly evolve from primarily developer-focused DIY projects, followed by the entrance of large vendors offering siloed Kubernetes platforms, to finally, today’s desire by organizations to unleash the true potential of Kubernetes in a way that is highly accessible, manageable and scalable in real production environments,” said Spectro Cloud CEO and Co-founder Tenry Fu.
It said that organisations are using containerisation to accelerate application development and delivery and continuously build competitiveness, customer intimacy and business resiliency. Kubernetes, which has emerged as the de facto container orchestration technology, promises to free applications from the constraints of infrastructure, allowing them to be developed and deployed anywhere. This can be done across data centres, public clouds and edge locations. While the timing is ideal for open source technology, the reality is that it is still challenging for organisations to operationalise and integrate with important adjacent tools and processes including security, compliance, and governance, especially in production environments.
Jay Lyman, senior research analyst with the Cloud Native and Applied Infrastructure and DevOps Channels at 451 Research, part of S&P Global Market Intelligence said, ”
It said that Spectro Cloud changes all of this. It provides a complete and integrated platform that enables organisations to easily manage the full lifecycle of any combination of new or existing, simple or complex multi-cluster, multi-distribution Kubernetes environments — whether in data center, cloud, bare metal or edge environments.
It added, “Spectro Cloud gives IT teams complete visibility, control and production-scale efficiencies to deliver highly-curated, IT-administered or self-service Kubernetes stacks and tools to developers based on their specific needs while maintaining granular governance, access control and security the business requires. Its approach harnesses the power and scale of open source technologies such as Cloud Native Computing Foundation’s Cluster API, which is uniquely extended and incorporated within Spectro Cloud’s platform, to directly address enterprise requirements at scale.