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Pixonic Funded by Ventech, Kite Ventures and TA Ventures

Files under: Enterprise, Inside View, Mobile, News, Tech, Web 2.0
Posted by: admin @ 06:24 [30. 05. 11]

Social game publisher Pixonic is one of the social game publishers in Russia. It was first funded by AddVenture. The Russian leading online travel agency Oktogo.ru venture capital investor Ventech as well as Kite Ventures of Edward Shenderovich and TA Ventures of Ukraine has put $5 million in Pixonic at a valuation of ca. $10 million, according to business daily newspaper Kommersant.

Update: According to Ventech founder and general partner Alain Caffi, his firm Ventech invested $2.5 million in $5 million round in Pixonic.

In Russia, Ventech of France previously invested in Oktogo and women-centric online portal WomanJournal.ru.

Ventech is also an investor in Crocus Technology that recently agreed a multi-million dollar investment with RUSNANO.

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