Automating the Edge with Robotics

Spectro Cloud grabs $40M to help organizations manage Kubernetes from cloud to edge

Spectro Cloud grabs $40M to help organizations manage Kubernetes from cloud to edge

Kubernetes management platform provider Spectro Cloud raised a $40 million Series B funding round. The company has raised $67.5 million to date as enterprises are increasingly turning to Kubernetes for edge deployments as well as core applications.

The funding round was led by New York City-based Stripes, a private equity firm, with participation from Sierra Ventures and Boldstart Ventures. Other existing investors include WestWave Capital, T-Mobile Ventures and Alter Venture Partners, which took part in the $20 million Series A funding round that Spectro Cloud closed in July 2021.

“This investment validates Spectro Cloud’s vision and accomplishments toward making Kubernetes more accessible and manageable so organizations can speed up adoption in any environment,” said Tenry Fu, Spectro Cloud co-founder and CEO.

Spectro Cloud released version 2.0 of its Palette Kubernetes management platform in late 2021. Offering complete support for bare metal through Canonical’s Metal-as-a-Service interface integration and edge environments to benefit from a unified lifecycle management experience. The next-gen enterprise Kubernetes management platform also extended its cost visibility, control, and optimization for proper deployment of projects.

“Spectro Cloud’s recent Palette Edge and Palette Bare Metal announcements demonstrate our ability to extend a unique approach to every environment under management — even the most challenging ones,” Fu added. “The fresh capital will enable us to develop more features, and expand our go-to-market plan internationally to address customer demand.”

Spectro Cloud’s edge and bare-metal ready portfolio with Palette Edge, Palette Bare Metal, Palette Cloud, Palette Standard, and Palette Premium products allow enterprise customers to deploy and manage the Kubernetes cluster across any location.

“The next step in our goal of simplifying complex technologies and making them consumable is to make it easier for dev teams to deploy and scale faster by integrating additional application services up the stack,” Fu said.

Some of the other key highlights of the Palette Kubernetes management platform include the unified full-stack lifecycle management that operates beyond the Kubernetes infrastructure to applications and add-on services. The platform has pre-validated and pre-tested stacks to enable compatibility across multiple development environments and application projects with zero configuration drift risk, the company said.

“We are extremely pleased to lead Spectro Cloud’s Series B financing,” said Stripes founder and Partner Ken Fox. Spectro Cloud has executed well in their expansion to include a global direct and partner sales organization, as well as recent product innovations such as the extension of its Palette platform to support K8s on bare metal and edge locations.”

Article Topics

 |   |   |   |   | 


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Featured Edge Computing Company

Edge Ecosystem Videos

Automating the Edge


Deploying AI Models at the Edge


Latest News