Home > Online > Oktogo attracts funding for local sales and marketing push

Oktogo attracts funding for local sales and marketing push

03/13/2015| 10:36:28 AM| 中文

Online hotel service Oktogo has raised more than $5 million in funding from Poland-based MCI Management.

This latest round for the Russia-based company comes on top of about $30 million including $11 million raised in March 2013 and $10 million the year before.

Previous investors Mangrove Capital Partners, Ventech, VTB Capital and others also participated in the $5 million.

According to a statement the funds will go towards sales and marketing of Oktogo’s online travel services in Russia and the former Soviet Union countries.

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TAGS: Oktogo | hotel booking | financing | Travelata | Russia
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