Cloud4Auto Ventures acquires a stake in Zephyr Solutions

Cloud4Auto Ventures acquires a stake in Zephyr Solutions Cloud4Auto Ventures Fund received a 25% stake in Zephyr solutions with the ability to bring it to controlling interest. The first project launched by Zephyr solutions after concluding deal with Cloud4Auto Ventures, was a Smart Inspector development, which is a full-featured application for acceptance inspectors at service stations. It has a number of advantages over standard software products used to automate the process of interactive acceptance.

Under the deal, the company management retains full authority for the operational management. Zephyr solutions has acquired not only funding required for its current operations, but also the access to advisory assistance by Cloud4Auto Ventures Fund experts.

Smart Inspector can be integrated with any type of auto dealer’s IT systems. Since Smart Inspector is available for the SaaS model, its introduction in the enterprise takes an average of two weeks, and the size of initial investment and the ownership cost is affordable even for small dealerships.

Venture capital fund Cloud4Auto Ventures was established in 2012. Its activity includes investments in promising IT startups in auto industry and auto retail. This is the second deal of the Fund. It invested $270K in bright box project in November 2012.





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