Former snowflake revenue executive joins AI infrastructure startup spectro cloud
Mike Gannon, the former revenue chief at Snowflake, has moved to Spectro Cloud as its chief revenue officer after leaving the cloud company in April for personal reasons. Spectro Cloud, a startup focused on AI infrastructure, develops software that assists organizations in securely implementing and managing AI, alongside cost oversight for AI agents.
During his year at Snowflake, Gannon drew attention after an interview with a TikTok influencer, which led Snowflake to issue an SEC disclosure cautioning investors against relying on revenue projections shared in the clip. Gannon stated that his new role mirrors previous experiences at VMware and EMC, where he helped build businesses around emerging technology, citing the rise of AI inference as a key opportunity.
Spectro Cloud recently secured over $100 million in a Series D funding round in July, led by Goldman Sachs Alternatives. CEO and cofounder Tenry Fu noted that AI now constitutes over half of the company's business, and the firm is on track to achieve $100 million in annual recurring revenue this year, having grown two- to threefold annually over the last three years. The company is also expanding its presence with new offices in London and Washington, DC, and has secured major clients including T-Mobile, Airbus, and the US Air Force.