|Post IPO Valuation|
|Description||High-growth technology & publishing Co.|
|Venture Round, 4/2012 |
|Venture Round, 5/2012 |
|POST IPO FUNDING TOTAL||$26.5M|
|Post IPO Equity, 10/2012 |
Cazador Acquisition Corporation Ltd
|Debt, 9/2012 ||$9.5M|
Net Element International Inc. (NASDAQ:NETE) is a technology driven group in mobile commerce and payment processing, as well as in entertainment and culture Internet destinations in Russia and other emerging markets. Its international technology development centers, extensive global network and high-level business relationships in Russia and the Commonwealth of Independent States strategically position the company for growth in these markets and beyond.
Net Element International owns and operates a mobile-commerce company, TOT Money, as well as several Internet properties that create social and business communities in the entertainment, music, motorsports and film industries. Net Element International’s global headquarters are located in Miami, Florida. The company has an in-house engineering team of more than 60 professionals and a support staff located in two facilities as well as in a university in Russia.