Led · Series D · Feb 2022

InterCloud is a Paris-founded (2010) provider of software-defined cloud interconnection (SDCI) and private connectivity solutions that optimize, automate and secure end-to-end access to cloud applications and data. Its platform leverages advanced network management, a robust connectivity backbone, and partnerships with major cloud service providers to guarantee performance, security and control. The company positions itself as a pioneer in the SDCI market and serves large European enterprises with global cloud connectivity services. InterCloud plans to expand its services offering, accelerate R&D, strengthen partnerships, and pursue growth via acquisitions. The company also intends to grow its international sales force, beginning in Europe with around fifty sales staff planned for 2022. The latest financing brings its total funding to €138 million and will be used to finance external growth and further product development. InterCloud provides a Software-Defined Cloud Interconnect (SDCI) platform that delivers fully managed, end-to-end turnkey services to interconnect multi-cloud resources at scale. Its platform offers enterprise-grade solutions with advanced security and performance functions, giving customers greater visibility, control and confidence over cloud application traffic. InterCloud works with global enterprises to deploy resources across multi-cloud environments and counts clients such as Airbus, Schneider Electric and Sodexo. The company emphasizes a turnkey managed service model that simplifies infrastructure and converges telecom, IT and security through open, automated software solutions. The recent €22 million financing led by Orange Digital Ventures will bolster its financial position to support commercial expansion. Management says proceeds will accelerate European deployment and the development of new services and international growth. InterCloud provides enterprises with a cloud delivery platform that enables control over the global delivery of their cloud applications. The platform specializes in cloud connectivity for SaaS platforms such as Salesforce, PaaS platforms such as Microsoft Azure, and IaaS such as Amazon Web Services. The company was co-founded by Jerome Dilouya (CEO), Antoine Valat (General Manager) and Benjamin Ryzman (CTO). InterCloud is headquartered in Paris, France. The company raised €10m in funding and intends to use the proceeds to continue to expand its customer base and grow operations. InterCloud offers enterprises a unique, dedicated connection to major cloud providers (Salesforce, Microsoft, AWS) that guarantees quality of service, security, and access control. The company operates its own global network to provide private end-to-end connectivity so customer data does not transit the public Internet. InterCloud already serves more than 30 clients, including Schneider Electric and Société Générale, and is present in Europe, Asia and the United States. Over the past 12 months the company reported steady revenue growth of nearly 10% per month. The new funding is intended to accelerate international expansion and strengthen R&D to deliver additional optimization, security and application-visibility services. Management plans to double its client portfolio next year and to hire new experts over the coming 15 months to support that expansion.

Participated · Equity · Jul 2018

DARAG is a specialist acquirer of legacy (run-off) insurance portfolios, established as a market leader in Europe. The company has been expanding strategically in the European run-off market and is developing a platform to build out U.S. operations. To support global growth and its U.S. expansion plans, DARAG secured a major equity commitment. The funding round is intended to accelerate the company’s build-out and expansion beyond Europe. DARAG is owned by Keyhaven Capital Partners and recently strengthened its management team with the appointment of Tom Booth as Group CEO effective 23 July 2018. The transaction was advised by Macquarie Capital (Europe) and was expected to complete toward the end of 2018.