Flirtic.com Raises Venture Capital Funding from Almaz Capital Partners

Flirtic.com, a Tallinn, Estonia-based online dating service, has raised a venture capital funding of undisclosed amount from Almaz Capital Partners.

The company intends to use the funds to roll-out into English and Russian-speaking markets over the coming months after launching in Estonia and Russia in early 2011.

Flirtic.com has also appointed April Henry, Senior Vice President of Myspace, as an Independent Board Member.

Led by CEO Andres Susi, Flirtic operates a dating service more that incorporates the popular features of social networks, including messaging, wall posting, “likes” and entertaining games and quizzes. It targets the 18-35 year old online dating audience.

Shareholders in the company already included Andrei Korobeinik and Evgeny Pshenichnikov, serial entrepreneurs and founders of Rate Solutions, as well as technology investment company MTVP and angel investor Jaak Roosipuu.

FinSMEs

09/06/2011

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