---
title: Russian Investment Firm Spends Big To Buy Small Stake In Facebook
description: Russian Investment Firm Spends Big To Buy Small Stake In Facebook
---

[Web design & marketing tips by Ironpaper ](https://www.ironpaper.com/current)

# [Russian Investment Firm Spends Big To Buy Small Stake In Facebook](https://www.ironpaper.com/current/2009/05/russian-investment-firm-spends-big-to-buy-small-stake-in-facebook)

 Written by [Ironpaper](https://www.ironpaper.com/current/author/admin) | May 27, 2009 5:11:16 AM

Russian Investment Firm, Digital Sky Technologies, Spends 200 Million For A 1.96% Stake In Facebook.

Including this latest round of financing, Facebook has raised about $600 million since it was founded (2004).

**Digital Sky Technologies** claims to own sites that comprise 70% of all pageviews in Russia, and targets a potential audience of over 300 million people. They own stakes in industries such as social networking and communications, e-payment solutions, online marketplaces, MMO and social games and vertical specific websites.

[View full post](https://www.ironpaper.com/current/2009/05/russian-investment-firm-spends-big-to-buy-small-stake-in-facebook)

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