Russian tech portal reported last week that Livetex, a St. Petersburg developer of online communication tools, has secured $4 million from Russian fund Vaizra Capital at an undisclosed valuation. The company will use the funds to strengthen infrastructure, expand its product line, and take the first steps towards entering foreign markets.

Livetex claims that its instruments, which include “Online-Consultant”, “Lead-Generator”, “Call From The Site”, and “Virtual Assistant”, are already used by major players from various industries.

Notable customers include domestic firms such as leading online-retailers Ulmart, Enter, and KupiVIP, the national savings bank Sberbank, Russian airline Transaero, leading mobile operator Tele2, and others.

Internal analysis of user behavior conducted by Livetex reveals that their products increase conversion rates by 5-20%, depending on the industry and level of penetration. The company claims that its sales increased 250% year-over-year from 2013 and that they have increased their total number of customers from 3,900 to 5,400.

Livetex did not respond to EWDN’s questions.

Based New York City, Vaizra Capital belongs to Vkontakte co-founders Vyacheslav Mirilashvili and Lev Leviev. Last month, the fund injected $12 million in Russian hotel booking startup Ostrovok.


You may also like

Russia’s leading WiMax provider Scartel, working under the Yota brand, has sold 100% of its stake in Yota Del Peru, a subsidiary it created in 2010 with Multinet Group, a discrete Russian company operating 4G networks in African and Asian countries, among other telecom activities. The acquiring parties included ICT Group, one of the largest […]
Read More
In a pattern that exemplifies the booming nature of the Russian Internet, the market segment for web content discovery services – non-existent just months ago – is now rapidly filling with ambitious startups. The public beta version of was launched in mid-August, not long after a comparable site,, went online, as reported by East-West Digital […]
Read More