Provider of an online movie and television library intended to offer video streaming services. The company's online platform offers licensed professional content including movies, TV series, programs, animation and music videos, enabling users to avail premium video content for free.
Generating Revenue
Privately Held (backing)
Venture Capital-Backed
The company is in talks to be acquired by Mobile TeleSystems, a subsidiary of Sistema (MIC: AFKS) for RUB 20 billion on April 9, 2019. Earlier, the company raised $40 million of venture funding in a deal led by Russian Direct Investment Fund and Mubadala Investment Company on July 1, 2019. Baring Vostok Capital Partners, Winter Capital, RTP Global, Prof Media and Flashpoint Venture Capital also participated in the round.
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