Digital Sky Technologies Invests In Russian Facebook Replica

Posted Sep 14, 2009

Digital Sky Technologies is an Internet holding company based in Russia. Digital Sky is a major investor in Facebook and they have just invested in a company that is a Russian replica of the social network is getting ready to launch internationally and just recently bought the domain name will be available in 12 different languages as of this October.

Digital Sky Technologies owns 1.96% of Facebook after they made a $200 million investment in the social network. Digital Sky also offered to buy up to $100 million in common stock from former and current Facebook employees. has about 42 million registered users and receives about 14 million unique visitors per month.