”The demand for our service is booming, driven by the increasingly global implementation of cloud services by large corporations. Faced with performance and or security issues, large corporations now have a unified solution for all of their cloud services. As part of the partnership with Riverbed, we will provide a completely new and unique “Application Performance-as-a-Service” offering to Riverbed’s clients.” Says Jérôme Dilouya, CEO of InterCloud.
The company had previously raised EUR 1 M funding from business angels. “This USD 5 M investment will enable InterCloud to boost its international go-to-market while at the same time extend further its network infrastructure,” mentions Sandrine Vergnory-Mion, Director at LD&A Jupiter.
LD&A Jupiter adds “We are pleased to have advised InterCloud in this USA-France financing round, the very unique service and know-how at InterCloud will service the cloud economy for years to come.”
About CapHorn Invest
CapHorn Invest is a French venture fund with the backing of a large network of private investors committed to boost the commercial growth of high potential SMEs by bringing managerial and commercial leverage. With EUR 50 M under management, Cap Horn Invest already invested in nine companies.
Ventech is a French venture fund focusing on disruptive innovation in the digital economy, investing from their fourth fund (EUR 75 M) in France, Germany, Russia, and China. Ventech invested in more than 60 companies.
Riverbed is the leader in Application Performance Infrastructure, delivering the most complete platform for Location-Independent Computing. Quoted on the NASDAQ, it has a market capitalization of USD 2.8 B and generated over one billion dollars of revenue over the last 12 months. Riverbed’s investment is combined with a strategic commercial partnership with InterCloud.
About LD&A Jupiter
LD&A Jupiter is a leading international technology corporate finance firm. With offices in London, Munich, Paris, Berlin, New York and Los Angeles, LD&A Jupiter offers international coverage and a unique combination of cross-border capabilities and know-how.
Since 2004, the firm has closed over 100 transactions with leading international companies of which 70% were cross border
For more information, please visit www.ldajupiter.com
Drake Star Partners is a global investment banking firm serving the technology, media and communications sectors (TMC) with offices in New York, London, Paris, Munich, San Francisco, Los Angeles, Berlin, Geneva, Singapore* and Dubai*. The firm focuses on M&A and corporate finance for its clients worldwide. Drake Star Partners completed over 400 transactions since 2004, 70% of which are cross-border.
Drake Star Partners is the marketing name for the global investment bank Drake Star Partners Limited and its subsidiaries and affiliates. In the USA, all securities are transacted through Drake Star Securities LLC. In the USA, Drake Star Securities LLC is regulated by FINRA and is a member of SIPC. Drake Star UK Limited (FRN 942020) is an appointed representative of Kession Capital Ltd (FRN582160) which is authorised and regulated by the Financial Conduct Authority. © 2016 Drake Star Partners Limited.