Guaranteeing enterprise clients optimised, automated and secure access to cloud-hosted applications and data, Paris-based InterCloud has raised €100 million in a Series D funding round. The new capital will be used to drive international expansion plans through acquisitions as well as bolster its services offer. Since 2013, InterCloud has raised a total of €138 million.
According to a Gartner report, “By 2025, enterprises using Software-Defined Cloud Interconnect (SDCI) services to connect to public cloud services will rise from less than 10% in 2021 to 30%”. It’s the figure which has been a primary driver for InterCloud.
A partner to all major cloud service providers including AWS, Microsoft, IBM, and Google Cloud, InterCloud’ SDCI service provides enterprise network teams with a highly agile and secure private network and allows them to deploy operations quickly and securely from anywhere in the world.
InterCloud’s €100 million Series D round was led by Aleph Capital, with participation from existing investors Ventech and Open CNP.
“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,” commented InterCloud CEO, Jérôme Dilouya. “Hybrid cloud platforms and services are a fast-growing priority for enterprises worldwide, with InterCloud uniquely positioned to expand its market share quickly.”
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