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Files under: News, Web 2.0
Posted by: Quintura @ 22:00 [19. 02. 10]
Launched in autumn 2009, the Russian social games startup, Drimmi announced last month that it raised funding from Mangrove Capital Partners and ABRT Fund with goal to become #1 Russian social games company. The amount of funding was not disclosed at that time. Today, Drimmi launches its web-site that offers some details on the company. [...]
Files under: News, Tech, Web 2.0
Posted by: Quintura @ 04:16 [25. 01. 10]
The Russian social games market has grown to $30 million in 2009 from almost zero in 2008. The half of the market is currently taken by Vesely Fermer (Cheerful Farmer), the most popular game on Russia’s leading social network VKontakte. On one hand, such a game generates about $1 million per month. On the other [...]
Files under: News
Posted by: Quintura @ 03:34 [26. 03. 09]
The online shopping club KupiVIP.ru , which is operated by Privat Trade Ltd and organizes designer brand online sales in fashion and fashion accessories with discounts of up to 70% off boutique prices, has raised several million USD in the second round of funding from Mangrove Capital Partners, Arlan, and ABRT Fund. The company previously [...]
Files under: News, Tech, Web 2.0
Posted by: Quintura @ 11:58 [27. 10. 08]
When it comes to online shopping in Russia, the venture capital investors are looking for proven business models and projects that can generate revenues from the very beginning. The largest Russian online shop Ozon.ru, which often called ‘Russian Amazon’, has raised $18 million from Index Ventures and the others. I recently suggested that [...]
Files under: News, Web 2.0
Posted by: Quintura @ 11:02 [22. 05. 08]
EnterMedia, a leading Russian in-game advertising company raised equity capital from Mangrove Capital Partners and ABRT Fund, announced Mangrove’s Managing Director Mark Tluszcz at a press conference in Moscow today. Mark did not disclose amount of investment that is estimated to be over $1 million. He pointed to a “depth of technology skills in Russia” [...]
Files under: Inside View, News, Tech
Posted by: Quintura @ 00:58 [26. 02. 08]
Novell announced today it agreed to acquire virtualization data center management software vendor PlateSpin for $205 million. The company raised about $10 million in venture funding in total of which $7.4 million round in November 2005 was led by Scott Maxwell, the managing partner of OpenView Venture Partners and formerly managing director at Insight Venture [...]
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