212 Capital Partners Invests in CloudArena, Evim.net (CEE and CIS)

Source: CloudArena, Venture Village  |  Author: Nina Fowler

Turkey-based hospitality cloud software startup CloudArena has raised US$1.5 million in an early stage funding round from seed and venture capital investors Aslanoba Capital and 212 Capital Partners. CloudArena intends to use the additional financing to digitize accommodations and travel agencies worldwide. Separately, 212 Capital Partners has also participated in a US$5 million Series A round investment in Evim.net, a Turkey-based home décor flash sales site, along with early stage venture capital investor Similie Ventures and the European Bank for Reconstruction and Development.