|Venture Round, 1/09 |
Digital Sky Technologies
Forticom is an IT company based in Latvia. It is the majority owner of online social networks Odnoklassniki (Russian), Nasza-Klasa (Polish), One.lv (Latvian) and One.lt (Lithuanian). Forticom is majority owned by Digital Sky Technologies.
One websites debuted in 1999 and offered the ability send free SMS text messages to mobile phones. The service became very successful as at the time texting was expensive. Later the portal grew to include other mobile services (games, ring tones, icons, etc.). The social network grew out of experimental “friends” feature of the website. The company also developed video sharing websites Videogaga.lt and Videogaga.lv.
In 2007, Forticom acquired a stake in Russian Odnoklassniki. In June 2008, the company acquired a ~70% interest in Polish Nasza-klasa.pl.