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Advertising - Thursday, May 22, 2008

Russian In-game Advertising Firm Enter Media Raises $1M

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Russia's Enter Media has raised funding from Skype investor Mangrove Capital Partners and ABRT Fund. Quintura says the amount of the funding may be around $1M. This seems like a very early investment for a tiny Russian market. We had assumed this was a technology company looking to go global but it appears at this point that Enter Media is really just putting its arms around Russian gamers.

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