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Valuation

$21.7M

2021 Revenue

$7.2M

Funding

$0

Team

86

Founded

1999

How Intercloud Systems CEO Mark Munro grew to $7.2M revenue with a 86 person team in 2021.

InterCloud Systems is a single-source provider of end-to-end information technology (IT) and next-generation network services. The company's services include software defined networking (SDN) and network function virtualization (NFV) to the telecommunications service provider and corporate enterprise markets through cloud services and professional services. It offers cloud and managed services, professional consulting and staffing services, and infrastructure and applications to assist its customers. The company continues to grow by making periodic small acquisitions. It was established in 1999 and is based in Shrewsbury, New Jersey.

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Intercloud Systems Revenue

In 2021, Intercloud Systems's revenue reached $7.2M. Since its launch in 1999, Intercloud Systems has shown consistent revenue growth.

Intercloud Systems Revenue GrowthReported revenue / ARR over time$0$2M$4M$6M$8M199920012003200520072009201120132015201720192021$0$7MSource: GetLatka.com
YearMilestoneQuote
2021Intercloud Systems Hit $7.2m revenue in April 2021
1999Launched with $0 revenue

Intercloud Systems Valuation, Funding Rounds

Intercloud Systems's most recent disclosed valuation is $21.7M.

Intercloud Systems is a bootstrapped Infrastructure as a Service (IaaS) Providers startup. Founded in 1999, Intercloud Systems has grown to $7.2M in revenue without raising any venture capital or outside funding.

As a self-funded Infrastructure as a Service (IaaS) Providers SaaS company, Intercloud Systems has built its business with no outside investment.

Intercloud Systems Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$11999Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Mark Munro

Mr. Munro has served as our Chief Executive Officer and as the Chairman of our Board since December 2011. Mr. Munro is also the Founder and has been President of Munro Capital Inc., a private equity investment firm, since 2005. Mr. Munro has been the Chief Executive Officer and owner of 1112 Third Ave Corp., a real estate holding company, since October 2000. Prior to forming Munro Capital, Mr. Munro founded, built and sold Eastern Telecom Inc., a telecommunication company, from 1990 to 1996. Mr. Munro has been directly involved in over $150 million of private and public transactions as both an investor and entrepreneur. Mr. Munro also has experience as a former Chairman of the Board of BiznessOnline.com Inc., a NASDAQ-listed internet access, web design and e-commerce hosting company, from May 1999 to August 2002. He has also been an investor in private companies for the last seven years. Mr. Munro received his B.A. in economics from Connecticut College. Mr. Munro brings extensive business experience, including years as a successful entrepreneur and investor, to our board of directors and executive management team.

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Customers

We do not have customer count information for Intercloud Systems yet.

Intercloud Systems Employees & Team Size

Intercloud Systems employs approximately 86 people as of 2026.

Intercloud Systems Team GrowthReported headcount over time020406080100199920012003200520072009201120132015201720192021008686Source: GetLatka.com
YearMilestone
2021Reached 86 employees (April 2021)

Frequently Asked Questions about Intercloud Systems

What is Intercloud Systems's revenue?

Intercloud Systems generates $7.2M in revenue.

Who founded Intercloud Systems?

Intercloud Systems was founded by Mark Munro.

Who is the CEO of Intercloud Systems?

The CEO of Intercloud Systems is Mark Munro.

How much funding does Intercloud Systems have?

Intercloud Systems raised $0.

How many employees does Intercloud Systems have?

Intercloud Systems has 86 employees.

Where is Intercloud Systems headquarters?

Intercloud Systems is headquartered in United States.

Compare Intercloud Systems to the industry

Intercloud Systems operates across multiple industries. Browse revenue, funding, and growth data for Intercloud Systems in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Intercloud Systems Revenue 2021: $7.2M ARR, $21.7M Valuation