212 Capital Partners, the early-stage venture capital fund based in Amsterdam, Netherlands invested in CloudArena.
Currently being the biggest early-stage venture capital fund dedicated to make investments in early stage internet and technology companies in Turkey, 212 Capital Partners is advised by 212 Ltd.
“This is the Fund’s fifth investment in 2012. At CloudArena, each of the Founders led large-scale, international projects, and has extensive experience in the SaaS space. We thank them for choosing 212 to work with them.” said Ali Karabey, Managing Director of 212 Ltd.
Partnering with 212 Capital Partners, CloudArena team is planning to blow up HotelRunner‘s and TripRunner‘s market penetration in the hospitality industry.