Orange Digital Ventures invests in InterCloud to support European leadership in cloud interconnection
Dec 10, 2019
Orange Digital Ventures announces its investment in InterCloud as it strives for European leadership in cloud interconnection. Orange Digital Ventures is leading a €22 million financing round of InterCloud, alongside three new investors (Open CNP, UL Invest and Weber Invest) and its historical investors who are renewing their confidence (CapHorn Invest, Ventech, Hi Inov, SNCF Digital Ventures, BPI France).
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. The quality of execution and service of the teams involved in this project makes InterCloud the European leader and a future international player that cannot be ignored and a pioneer. "
Jérôme 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.”
Sign up to receive TelecomTV's top news and videos, plus exclusive subscriber-only content direct to your inbox.