IM+ Raises $10m from Finam; Expands in Russia

IM+, a Stuttgart, Germany-based mobile messenger, has raised $10m in funding from Russian brokerage and investment holding Finam Private Equity Fund.

As stated by Dmitry Smirnov, FINAM Private Equity Fund CEO, the investment aims to solidify IM+’s positions in the universal Internet messenger sector. In conjunction with the deal, Finam and Shape Services, the parent company of IM+, have launched FinamShape, a joint venture that intends to release a special version of web messenger for the Russian market.

Founded by Igor Berezovsky, IM+ provides a Beep in-app free push messenger and Neighbors local chat that allows people to save on SMS and MMS while simultaneously chat on Facebook, Skype, Google Talk and tweet. Available on all mobile platforms, web and TV , it has 17,5 million users and 800 million mobile ad impressions/month.



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