The alternative asset manager of Denver pays between 60 and 80 million dollars for the Saas provider of AI solutions to the complex technical training requirements.
Bow River Capital, the director of alternative assets, is based in Denver, that she had acquired an Israeli company Cloudshare. No financial details have been revealed, but industry sources believe that Bow River pays between 60 to 80 million dollars to the company. According to Startup Nation Central (SNC), Tel Aviv has raised $ 20 million since its establishment 18 years ago by CEO Dr. Zafi Gutman.
Cloudshare is a Saas provider for solutions from artificial intelligence for complex technical training requirements, cybersecurity scenarios to solve problems, and implement rapid and effective virtual laboratories. Cloudshare Atlassian, Motorola, Ping Identity, Palo Alto Networks and Salesforce.
Dr. Gutman will continue to lead Cloudshare alongside the current executive team. Investment from Bow Capital will support Cloudshare efforts to accelerate global growth, enlarge infrastructure, develop innovations more quickly and hand over artificial intelligence within the wing of its products.
Dr. Gutman said, “We have chosen the Bow River's investment team because of their significantly recorded record in expanding the scope of the SAAS business with a focus around the customer; I am grateful for the confidence of our global customers and our employees. I look forward to the next chapter of strategic growth and innovation.”
It was published by Globes, Israel Business News – En.globes.co.il – on April 16, 2025.
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Cloudshare Management Team Credit: PR
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