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.
Jérôme Dilouya, CEO of InterCloud, said: “GP Bullhound’s ongoing commitment and demonstrated SaaS expertise have been instrumental in helping us complete this transaction. We are thankful for their assistance on our path to fuel the company’s expansion and acceleration into new markets.”
Joy Sioufi, Partner at GP Bullhound, added: “It has been a great pleasure to build upon our previous collaboration with InterCloud, and we are proud to continue supporting the company on their journey to become the European leader of interconnectivity.”
This transaction is a further testament to GP Bullhound’s ever-growing presence within the software sector. Recent completed transactions in the space include the acquisition of Foxintelligence by NielsenIQ, of Egoditor by Bitly, of Logicbroker by K1, and of Linkfluence by Meltwater, among many others.
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 10 offices spanning Europe, the US and Asia. For more information, please visit www.gpbullhound.com.