Home > Home > Ostrovok raises $12 million in latest round, brings total to $50 million

Ostrovok raises $12 million in latest round, brings total to $50 million

06/19/2014| 2:21:57 PM| 中文

Russian online hotel booking agency Ostrovok has added to its investment coffers with a further $12 million in capital.

The latest injection was led by Vaizra Capital Russia and sees the co-founder of Chinese metasearch engine Qunar and an early investor in Ostrovok, Fritz Demopoulos, join the Moscow-based company’s board of directors.

The Vaizra fund is supported by Vyacheslav Mirilashvili and Lev Leviev, co-founders of Vkontakte, Russia’s largest social network.

The $12 million comes 15 months after a massive $25 million financing in early-2013 led by General Catalyst Partners.

Read more.

TAGS: Ostrovok | financing | OTA | Russia
©2016 广州力矩资讯科技有限公司 粤ICP备06070077号-2
Tell us more about yourself!