Russian Investment Firm Spends Big To Buy Small Stake In Facebook

Russian Investment Firm, Digital Sky Technologies, Spends 200 Million For A 1.96% Stake In Facebook.

Including this latest round of financing, Facebook has raised about $600 million since it was founded (2004).

Digital Sky Technologies claims to own sites that comprise 70% of all pageviews in Russia, and targets a potential audience of over 300 million people. They own stakes in industries such as social networking and communications, e-payment solutions, online marketplaces, MMO and social games and vertical specific websites.