Ivi: Russian video-on-demand service ivi raises $40 million

ivi, one of Russia's largest over the top (OTT) video-on-demand platforms, has secured $40 million in funding from the Russian Direct Investment Fund (RDIF), Mubadala Investment Company (UAE), Baring Vostok, Flashpoint VC, RTP Global, and Winter Capital. The company claims to be holding 42 percent of Russia's licensed professional OTT video-on-demand market, or twice as [...]The post Russian video-on-demand service ivi raises $40 million appeared first on Tech.eu.