Allied Advisers Advises ScaleGrid on Their Growth Financing by Spotlight PE
- Gaurav Bhasin
- Jul 19, 2021
- 2 min read
Summary:
Allied Advisers is pleased to congratulate ScaleGrid on its growth financing from Spotlight Equity Partners. ScaleGrid provides a fully managed database hosting and database-as-a-service platform that helps organizations deploy, monitor, and scale open-source and enterprise databases across cloud and hybrid environments. Spotlight Equity Partners is a private equity firm focused on investing in growth-stage software and technology-enabled services companies. The investment will support ScaleGrid’s continued expansion, product development, and global go-to-market initiatives as demand grows for managed database infrastructure.
About ScaleGrid
ScaleGrid provides a fully managed database hosting and database-as-a-service platform designed to simplify the deployment, management, and scaling of databases in cloud and hybrid environments. The platform supports a range of open-source and enterprise databases and provides automated monitoring, backups, performance optimization, and high availability capabilities. By reducing operational complexity for database infrastructure, ScaleGrid enables development and operations teams to focus on application performance and scalability. The company serves organizations that rely on cloud-native infrastructure and modern application architectures.
About Spotlight Equity Partners
Spotlight Equity Partners is a private equity firm that invests in growth-stage software and technology-enabled services companies. The firm focuses on partnering with management teams to accelerate growth through capital investment, strategic guidance, and operational support. Spotlight Equity Partners targets companies with strong product offerings, scalable business models, and opportunities for market expansion. Through its investments, the firm seeks to support long-term value creation and sustainable growth.
About Allied Advisers
Allied Advisers is a global technology-focused advisory firm specializing in M&A and Capital Raises for middle-market companies. We have successfully advised on over 100 transactions totaling $15B+ in deal value across US, Canada, Europe, India, Israel, and South America.
