September 10th, 2012

The Hulu Of Russia, Ivi.ru, Raises $40M To Fight Off The Threat Of Hulu, Netflix, And YouTube

ivi.ru screen shot

Ivi.ru the “Hulu of Russia” that offers streamed premium TV and films from international and local big-name content holders, has raised another $40 million round of funding. The investment was led by Baring Vostok, a private equity firm, along with existing investors ru-Net, Tiger Global, Prof-Media and Frontier Ventures. Oleg Tumanov, ivi.ru founder and CEO, tells TechCrunch that the funds will… → Read More