Software DreamWorks received US $ 5 million venture capital investment from the US ACE fund (VC296)

According to the news on March 3, one year after the trial operation, the software DreamWorks (), which was officially launched only one month ago, received US $ 5 million in venture capital from the famous American venture capital group, ACE Fund.

Software DreamWorks is a new domain name proposed and operated by Shenzhen Siyuan in 2010 for one year and officially launched in 2011. It is the first domestic specialized agency specializing in the customization of SME management systems. Based on the currently popular "cloud computing" and "SAAS" models, Software DreamWorks proposes the concept of "Virtual Information Department" to provide SMEs with a very low-cost and high-quality management system outsourcing service across the board. SMEs do not need to invest in any hardware or Specialized IT professionals are required to be able to obtain professional customized services of Software DreamWorks at an ultra-low price of 30,000 to 50,000, and provide a full set of information services including upgrades, software updates, software installation, training, and software maintenance.

The ACE fund is a well-known venture capital company in the United States. It has invested dozens of projects in the United States and Europe, half of which have been listed as public companies. The main areas of concern of ACE are commercial software, Internet, and mobile Internet projects. $ 2 billion. The investment in Software DreamWorks is currently ACE's first investment in the management software industry in the Chinese market.

"The number of small and medium-sized enterprises in China is very large, but overall, the proportion and degree of informatization are very low. Less than 5% of the total number, the main reason for this situation, on the one hand, is that companies cannot find themselves fully Existing software that is in demand, and the modular operation method is often not suitable for SMEs with less standardized business processes. On the other hand, the traditional customization price is very expensive, and it is difficult for SMEs to have such a large budget. Software DreamWorks Appeared to solve these problems, the applicability problem was solved through full customization, and the price was only one-tenth of traditional customization. We believe that they will have a very good market prospect and are also the most compatible management software solutions in China. This is the main reason why we invest in them, "said Paulcomericl, Director of ACE China.

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