Zubr buys stake in ActivePlatform

The shares acquired are valued in the region of $10m, a source confirmed to unquote".

With the fresh capital, ActivePlatform intends to offer customised cloud brokerage services and make its technology available to resellers on a national level.

Zubr is currently investing from its Zubr Capital Fund I, which held a first close on $50m in August 2016. It plans on holding a second close in early 2018, a spokesperson said.

Company
Founded in 2014 and headquartered in Minsk, Belarus, ActivePlatform also has offices in Moscow, Nicosia and Seattle.

The company supports e-commerce cloud operations for customers including governments, telecommunications companies and other service providers. ActivePlatform is part of Softline Group, which is backed by Da Vinci Capital.

People
Zubr Capital – Oleg Khusaenov (CEO).

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