ET Capital Partners backs SVR Tracking

San Diego-based mobile asset management company SVR Tracking LLC has secured an undisclosed amount of funding. ET Capital Partners led the round.

PRESS RELEASE

SAN DIEGO, CA (PRWEB) AUGUST 15, 2015

SVR Tracking LLC, via parent company Positioning Universal, a mobile asset management company, announced today that the company has raised funds from investors to accelerate the development of innovative features for their application and to expand the business to additional markets. SVR Tracking also released their new website outlining their leading feature set for asset management and GPS tracking for the sub-prime finance auto industry.

Building on their strengths of the most scalable infrastructure and best customer service in the tracking of sub-prime financed cars, SVR Tracking is committed to continuing to add new and innovative features to their SaaS-based services. A very strong investment round was led by ET Capital Partners of New York City, with additional support by other US-based venture capital firms, to be used by SVR Tracking to accelerate the release of their roadmap of new and exciting features.

Mark Wells, President and CEO of SVR Tracking, clarified, “With the new company funding in place, customers should look for many useful, never-before-seen features to be released from our extremely innovative SVR Tracking development team.”

For more information about SVR Tracking, visit http://www.svrtracking.com/press-releases.html

About SVR Tracking
SVR Tracking LLC is a San Diego-based high-growth mobile asset management company focused on risk mitigation for dealers and banks that offer financing to customers purchasing a pre-owned car. SVR Tracking provides the networks, applications, and devices so their customers are able to manage and recover their financed vehicles as a streamlined part of their operations. Using advanced technology, SVR Tracking provides the most scalable and advanced level of customer service available.

For more information, visit http://www.svrtracking.com.