O’Melveny has advised Spectro Cloud, a next-generation Kubernetes enterprise management platform, in in the completion of a USD20 million Series A funding. The financing round was led by Stripes, a prominent investor in software and consumer products.
Among investors funding the Series A raise were T-Mobile Ventures and Alter Venture Partners, as well as a number of backers from Spectro Cloud’s recent seed funding round. The company plans to use the proceeds to expand sales efforts nationally and internationally.
Spectro Cloud’s fully integrated next-generation platform allows users to manage multiple diverse clusters of Kubernetes environments in any data centre or cloud, with complete control and high-level security.
The Spectro Cloud representation was led by O’Melveny partners Warren Lazarow, one of one of the market’s leading advisors to technology-focused companies and investors, and Brian Covotta, who advises growth-oriented companies on financing transactions in industries including software, biotech, telecom, medical devices, and gaming. Other O’Melveny team members included associate Amit Itai and counsel David Ribner.
