Orange Digital Ventures leads InterCloud €22 million funding round
Orange Digital Ventures says it has led a €22 million financing round for InterCloud, a software-defined cloud applications interconnect (SDCI) company based in Paris. Open CNP, UL Invest, and Weber Invest participated in the round as new investors. Existing InterCloud supporters CapHorn Invest, Ventech, Hi Inov, SNCF Digital Ventures, and BPI France also chipped in.
InterCloud provides managed SDCI services to global enterprises to enable them to deploy resources in a multi-cloud environment. The company’s global application platform enables the provision of an end-to-end managed turnkey service, Orange Digital Ventures says. InterCloud customers include Airbus, Schneider Electric, and Sodexo.
"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,” stated Etienne Moreau, investment manager, Orange Digital Ventures. “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. "
"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,” added Jérôme Dilouya, CEO of InterCloud.
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Stephen Hardy | Editorial Director and Associate Publisher, Lightwave
Stephen Hardy is editorial director and associate publisher of Lightwave and Broadband Technology Report, part of the Lighting & Technology Group at Endeavor Business Media. Stephen is responsible for establishing and executing editorial strategy across the both brands’ websites, email newsletters, events, and other information products. He has covered the fiber-optics space for more than 20 years, and communications and technology for more than 35 years. During his tenure, Lightwave has received awards from Folio: and the American Society of Business Press Editors (ASBPE) for editorial excellence. Prior to joining Lightwave in 1997, Stephen worked for Telecommunications magazine and the Journal of Electronic Defense.
Stephen has moderated panels at numerous events, including the Optica Executive Forum, ECOC, and SCTE Cable-Tec Expo. He also is program director for the Lightwave Innovation Reviews and the Diamond Technology Reviews.
He has written numerous articles in all aspects of optical communications and fiber-optic networks, including fiber to the home (FTTH), PON, optical components, DWDM, fiber cables, packet optical transport, optical transceivers, lasers, fiber optic testing, and more.
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