IVI.TV: Moscow-based video-on-demand service IVI raises $250 million in Series D round

Moscow's video-on-demand service IVI has raised $250 million in a Series D round led by VTB. Invest AG, and Millhouse also participated in the round, and existing investors Flashpoint Venture Capital, Baring Vostok, and the Russian Direct Investment Fund (RDIF) also followed on. With this raise, VTB will become one of IVI's largest shareholders, and [...] The post Moscow-based video-on-demand service IVI raises $250 million in Series D round appeared first on Tech.eu.