Spectro Cloud, a provider of a modern Kubernetes (K8s) management platform, announced the closing of a $40 million Series B funding round, led by New York City-based Stripes, a leading investor in software and consumer products. Spectro Cloud has raised $67.5 million to date.

Other investors participating in the round included Sierra Ventures, Boldstart Ventures, WestWave Capital, T-Mobile Ventures and Alter Venture Partners, all of which also participated in the $20 million Series A funding round that Spectro Cloud closed in July. Additionally, TSG has invested in this Series B round.