East-West Digital News 28 November 2012
Printio.ru, a Moscow-based startup offering personalized printing services, has just raised $700,000 from a total of 18 Russian and Western business angels. The terms of the deal have not been disclosed, but Printio’s co-founder Aleksandr Shamis told East-West Digital News that the founders got a “good valuation” and have kept a controlling stake.
Launched officially in July of this year, the company had raised $70,000 a few months before at a post-money valuation of $1 million, Shamis added.
Read more…