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OLX Acquired FreeAds.ru; Raised Another $13.5 Million

Files under: News, Tech, Web 2.0
Posted by: Yakov @ 10:27 [12. 04. 08]

OLX, a free classifieds site operating in 40 countries in 15 languages, including in Russian, raised $13.5 million, bringing total funding to $23.5 million, says OLX founder and CEO Fabrice Grinda on his blog Musings of an Entrepreneur. The investors in the round included General Catalyst Partners, Bessemer Venture Partners, Founders Fund, and DN Capital.
Fabrice […]

Quintura: Russian Bits

Files under: News, Tech
Posted by: Yakov @ 14:18 [31. 03. 08]

Former Morgan Stanley investment banker Andrew Tisdale who used to advise CTC Media, Yandex, and Altimo in Russia joined the global private equity investment firm Providence Equity Partners as a Managing Director in the London office. Previously, Andrew was Co-Global Head of the Media and Communications Group at […]