Paris-based InterCloud raises €100M for its cloud connectivity platform

Paris-based InterCloud, a provider of Software-Defined Cloud Interconnect (SDCI) platform, announced on Tuesday that it has raised €100M in its Series D round of funding. The round brings the company’s total raised capital to €138M to date.

The current round was led by Aleph Capital. It is a London-based independent European private equity investment firm founded by Hugues Lepic, former head of Goldman Sachs’ Merchant Banking Division in Europe.

Besides Aleph, the round also saw participation from existing investors Ventech and Open CNP.

Funds to accelerate into new markets

InterCloud claims that the capital will help expand its services offering and further invest in external growth. The funds will also help expand the company’s international sales force, starting in Europe, with around 50 sales staff to be added in 2022 alone.

InterCloud CEO Jerome Dilouya says, “There is a significant growth opportunity in SDCI platforms worldwide, and, in Aleph Capital, I am thrilled to have exceptional partners to continue to expand the business. Hybrid Cloud platforms and services are a fast-growing priority for enterprises worldwide, with InterCloud uniquely positioned to expand its market share quickly.”

Besides expansion, InterCloud will also use the funds to accelerate R&D to develop its solutions, strengthen its partnerships, and seize growth opportunities through acquisitions.

Guaranteeing performance, security and control in the cloud

As companies move their IT resources to the Cloud, they realise that an effective cloud strategy cannot succeed without appropriate and efficient connectivity. This is where InterCloud looks to make a difference. By providing flexible, reliable and seamless cloud access, InterCloud ensures that companies retain absolute control over their applications.

Founded in 2010 by Benjamin Ryzman and Jerome Dilouya, InterCloud’s mission is to bring software agility to the connectivity world with secure, fast and reliable network access to cloud-hosted data and applications. It does that by choosing and managing the ‘best’ data channels to guarantee performance and privacy.

The company’s private connectivity solution guarantees optimised, automated and secure end-to-end access to applications and data hosted across the growing spectrum of cloud services. InterCloud claims to achieve this with its advanced network management capabilities, robust connectivity backbone, and close partnerships with the world’s biggest cloud service providers.

InterCloud’s customers benefit from all the advantages of the Cloud: they can deploy their operations quickly, anywhere in the world, with all the world’s largest Cloud providers, while enjoying the highest standard of performance and security.

Major cloud vendors like Amazon Web Services, Microsoft, Google Cloud, Salesforce, ServiceNow, IBM, SAP, Oracle, Outscale, and Alibaba have all opted for InterCloud’s platform.