Russia Digest: Prisma secures investment from My.com; VisionLabs closes .5m round

July 10, 2016:   Prisma has closed a funding round led by My.com, while VisionLabs has closed a round from Sistema Venture Capital worth an estimated US$5.5 million. Prisma secures funding in round led by My.com Russian based Prisma, an art filter app that turns pictures into famed works of art, has gone viral globally within a week of launching, drawing attention from investors and celebrities alike. Founded by Alexey Moiseenkov, it has raised an amount estimated to be between speculated to be between $1 to $2 million in exchange for a 10 to 25 percent stake, in a round led by My.com, the Silicon Valley subsidiary of Mail.ru Group. Moiseenkov previously worked as a product manager at Mail.ru Group prior to the launch of Prisma. Other investors participating in the round were Gagarin Capital Partners, a California-based…


Link to Full Article: Russia Digest: Prisma secures investment from My.com; VisionLabs closes .5m round