Maykor, a Russian IT outsourcing service provider, received an investment of undisclosed amount.
Backers included CapMan Russia II, a fund managed by CapMan, the Russian Direct Investment Fund (RDIF) and the European Bank for Reconstruction and Development (EBRD).
The company intends to use the proceeds to further increase its market share in Russia via a selective M&A strategy.
Founded in 2010 and led by Sergey Sulgin, President, Maykor focuses on the servicing of IT equipment, facility systems and business applications. The company currently has 83 regional branches, over 400 service subdivisions and employs over 3000 certified engineers.
It serves over 1,000 large and medium geographically distributed clients in various industries across Russia.