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General Information

Websitenetelement.com
Blognetelement.com/me...
CategoryGames, Video and Entertainment
Phone305.507.8808
Emailmedia@netelement.com
Employees70
Founded1/04
DescriptionHigh-growth technology & publishing Co.

Offices

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People

Investments

LegalGuru 3/11

Funding

TOTAL $34M
FUNDING TOTAL $34M
Venture Round, 4/12
Igor Krutoy
$2M
Venture Round, 5/12
Kenges Rakishev
$32M
DEBT TOTAL $9.5M
Debt, 9/12
$9.5M

Tags

Net Element International

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.

Recent Milestones

Videos

Screenshots

Net Element International screenshot
Above: Net Element
Uploaded: 9/18/12

Sources

  1. AMENDED AND RESTATED GURU JOINT VENTURE AGREEMENT (sec.gov) [edit]
  2. Net Element Receives $2M from Igor Krutoy to Launch Music1.com (finsmes.com) [edit]
  3. Net Element Receives $32M from Kenges Rakishev (bloomberg.com) [edit]
  4. Net Element Receives 300 Million Rubles ($9.5 Million) Credit Facility and Expects Another 300 Million Rubles ($9.5 Million) under Factoring Agreement from Alfa-Bank (freshnews.com) [edit]
  5. Cazador Acquisition Corporation to Merge with Net Element (marketwatch.com) [edit]
    Michael Waltrip Joins Motorsport.com (bleacherreport.com) [edit]
    Sergey Khabarov Named General Director of Net Element in Russia (markets.on.nytimes.com) [edit]
    NETE receives $9.5 million from Alfa-Bank (miamiherald.com) [edit]
    Kenges Rakishev Acquires $32 Million in Net Element Stock (bloomberg.com) [edit]
    Igor Krutoy Invests in Net Element (finance.yahoo.com) [edit]
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Last Edited 5/13/13

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