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You're reading: Dnipropetrovsk startup raises $400,000 to develop its targeted-advertising algorithms
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The investors will have minority share in a startup. The third venture investor didn’t want to be named, as its agreement with Softcube has yet to be finalized.

SoftCube’s founder, Oleg Lesov, 27, told the Kyiv Post in a phone interview on April 14 that the money would help the company expand its main office in Dnipropetrovsk, as well as open an office in the European Union.

Lesov is considering Poland, Slovenia, Germany, and France as possible locations for a new office.

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