GP Bullhound has acted as financial advisor to InterCloud, a leading Cloud Connectivity platform, on its EUR100 million Series D fundraising round, led by Aleph Capital.
Existing investors Ventech and Open CNP also participated along with Orange, BPI, Caphorn, Hiinov, UL Invest and Weber. This round brings InterCloud’s total financing to EUR138 million.
As a pioneer in the Software-Defined Cloud Interconnect (SDCI) market, InterCloud’s mission is to provide secure, fast, and reliable private network access to cloud-hosted data and applications, which is achieved through its advanced network management capabilities, robust connectivity backbone, and close partnerships with the world’s biggest cloud service providers. Founded in Paris in 2010, the company will use this investment to broaden its service offerings, finance external growth, increase its international sales force, advance R&D to further develop its solutions, and seize growth opportunities through acquisitions.
