Intermedia Cloud Communications, Inc.

General Information
Business:

We provide a leading proprietary cloud-based communications and collaboration platform, purpose-built for our extensive and expanding network of more than 7,000 channel partners and used by a growing base of over 126,000 business customers as of Dec. 31, 2021. Through our platform, our partners provide their customers our comprehensive portfolio of enterprise-grade, seamlessly integrated Unified Communications-as-a-Service (UCaaS) solutions, including our flagship product Intermedia Unite®, as well as a suite of Business Cloud Applications (BCA) that includes cloud-based email, security and productivity applications. Our UCaaS solutions benefit from strong growth as our partners enable businesses to modernize their legacy communications architectures. To incentivize and empower our partners to grow their businesses on our platform, we offer them a highly differentiated Customer Ownership Reseller model, branded CORE. This model enables them to resell, package and manage our solutions as if they were their own, at highly attractive economic terms while maintaining ownership of their customer relationships. 

**Note: Revenue and net loss figures are for the year ended Dec. 31, 2021.

**Note: The company reports that it had 1,156 full-time-equivalent (FTE) employees as of Dec. 31, 2021, including 517 FTE employees in Russia.

(Note: Intermedia Cloud Communications, Inc. revived its postponed IPO in an S-1/A filing dated April 29, 2022, with no terms, updated financial statements and a change in the co-managers’ lineup: Stephens, Inc. is no longer involved in the deal. Intermedia Cloud Communications had postponed its IPO last year just ahead of its expected pricing on March 31, 2021; that deal’s size was 12.24 million shares at $23 to $26 to raise $294 million.) 

Industry: PREPACKAGED SOFTWARE
Employees: 1156
Founded: 1993
Contact Information
Address 100 Mathilda Place, Suite 600 Sunnyvale, CA 94086
Phone Number (650) 641-4000
Web Address http://www.intermedia.com/
View Prospectus: Intermedia Cloud Communications, Inc.
Financial Information
Market Cap
Revenues $273.22 mil (last 12 months)
Net Income $-24.43 mil (last 12 months)
IPO Profile
Symbol INTM
Exchange NASDAQ
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $0.0 mil
Manager / Joint Managers Morgan Stanley/ J.P. Morgan
CO-Managers Credit Suisse/ Evercore/ Jefferies/ William Blair/ KeyBanc Capital Markets/ TD Securities/ Loop Capital Markets
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change