DST and 1C invest $ 5 million in Nival Network

Sergey Orlovsky and his company Nival Network have raised $ 5 million from DST and 1C. Other $ 2 million will be invested by Orlovsky himself. Nival Network, part of Nival Group, was founded by Sergey Orlovsky in 2009 and produces online games for social networks, and also creates its own social network for gamers.

Orlovsky is been involved in computer games since the mid 1990′s. With Nival Interactive he developed for the French Ubisoft the fifth version of the game Heroes of Might and Magic, which became a hit in the summer of 2006.

On the other side, it’s not the first time that DST invests in projects owned by Orlovsky: in 2006 DST invested $ 15 million for a controlling stake in developer Nival Online.

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