212 Enjoys Extended Stay With Second Round Financing of Hemenkiralik

Early-stage VC fund 212 Capital Partners has led another successful round of investing in Turkish temporary stay search portal Hemenkiralik. This second round of investment was joined by Teruhide Sato of Netprice, Japan and Fahri Diner of Sigma Partners, but only on an individual basis. Hemenkiralik provides its users a very useful service by helping them identify affordable rentals for short stays in and around Turkey. The site also has mirror versions for listings in English and Russian (Flat4Day.com and Domiknaden.ru, respectively). While the service itself is not unique and is based on user-reviews and ratings on various options, the company’s listing base has grown at an astonishing pace – more than ten times since the first round of investment was successfully completed in April 2012. 212 already had a foothold in the hospitality sector with its recent investment in CloudArena, which offers cloud-hosting services for the segment.