Orange Digital Ventures announced its investment in InterCloud as it strives for European leadership in cloud interconnection. The Company is leading a €22 million financing round of InterCloud, alongside three new investors and its current investors.
InterCloud is a leader in fully managed Software-Defined cloud applications interconnection, working with global enterprises to deploy resources in a multi-cloud environment. Thanks to its global application platform, InterCloud is the only SDCI (Software-Defined Cloud Interconnect) capable of providing an end-to-end managed turnkey service, enabling companies to simplify their infrastructures, offering them greater visibility and control over their multi-cloud applications.
In leading the financing round, Orange Digital Ventures is seeking to partner in the international growth of European digital champions such as InterCloud. Orange is thus welcoming a new player into its innovation ecosystem and will support it in its technological and commercial expansion.
The new investment will further strengthen InterCloud’s European market position as the leader in interconnection services in Europe, as well as accelerate the development of new services.
Etienne Moreau, Investment Manager, Orange Digital Ventures
InterCloud’s unique strategic vision confirms the scale of future developments in the convergence of Telecom, IT and security in the era of open and automated software solutions.
Jerome Dilouya, CEO of InterCloud
We are delighted to welcome new partners, thanks to which we will be able to accelerate our commercial deployment in Europe, building on our recent successes to conquer the entire continent.