InvestIQ 6 June 2012
Prolific Russian PE investment firm Runa Capital has provisioned a USD 5 mln funding for domestic social education network company Dnevnik.ru. The news was disclosed at the May 29 DLD Moscow event. The funding will allow the online school service to continue to offer its suite of services for free to its vast network of educational professionals.
Dnevnik.ru was launched as a service in September 2009 in St. Petersburg, but the project was originally sanctioned as far back as 2007. Since then the company has won several accolades while gathering a huge pool of customers that form its extensive network.