$38 million not enough for a startup – Ostrovok closes 5th round of funding in 3 years

Ostrovok.ru, a major Russian hotel booking service, announced last week that it has raised $12 million in a round led by Vaizra Capital, a fund which belongs to Vkontakte co-founders Vyacheslav Mirilashvili and Lev Leviev. A number of the startup’s existing investors also took part in the round. The transaction, the details of which have …

$38 million not enough for a startup – Ostrovok closes 5th round of funding in 3 years Read More