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Well, if it’s late November, that can only mean one thing here in the United States: it’s time for turkey! Every year we gather around on this most wonderful holiday to stuff ourselves with turkey, mashed potatoes, and other goodness and then spend the rest of the evening relaxing with our families, watching American football, and enjoying this time in one another’s company.
In the meantime in Russia… a new specialized venture fund Cloud4auto announces that it’s made its first major investment move. Just this week, the Moscow-based fund has invested just over 210,000 euros in startup bright box, Russian mobile and web solutions developer, for its DealerMobilityapp that helps improve communication between dealers and automobile owners., bright box has managed to accumulate a very impressive list of clients in less than a year. .
Innokenty Belotsky, chair of the supervisory board at Cloud4auto said that his fund will help bright box told solves problems it will encounter, but will basically avoid interfering in the company’s regular affairs.
Cloud4auto was founded in 2012 and aims to provide funding, training, assistance with sales and marketing, and various other services to its portfolio companies focusing on automotive industry.
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