Spectro Cloud, a San Jose, CA-based company specializing in modern multi-cluster Kubernetes management, has raised $75 million in Series C funding.
Investors
The round was led by Goldman Sachs Alternatives’ Growth Equity, with support from existing investors.
Goldman Sachs is a global alternative investments firm, managing over $500 billion in assets with 30+ years of experience. Its alternative business spans private equity, growth equity, private credit, real estate, infrastructure, hedge funds, and sustainability. Part of Goldman Sachs Asset Management, the firm has $3.1 trillion in assets under supervision as of September 2024. Goldman Sachs Growth Equity has invested over $13 billion since 2003, focusing on technology-driven growth-stage companies across various industries.
Spectro Cloud Use of Funds
The company will use the funding to accelerate product innovation, particularly in edge computing, and expand customer support and partnerships.
About Spectro Cloud
Founded in 2019 by Tenry Fu, Gautam Joshi, and Saad Malik, Spectro Cloud provides modern multi-cluster Kubernetes management at scale with its Palette platform. Its platform, helps organizations manage and scale Kubernetes environments across a variety of deployment settings, including on-premises hardware, single and multi-cloud environments, and the edge. It provides unified management across clouds, data centers, bare metal, and edge environments, supporting VM and container workloads.
Funding Details
Company: Spectro Cloud, Inc.
Raised: $75.0M
Round: Series C
Funding Date: November 2024
Lead Investor: Goldman Sachs Alternatives’ Growth Equity
Additional Investors: Existing Investors
Company Website: https://www.spectrocloud.com/
Software Category: Kubernetes Management
Source: https://www.businesswire.com/news/home/20241119538933/en/