Techcrunch reports:
Facebook
is taking that rumored $200 million investment from Digital Sky Technologies, a Russian investment group. DST will take a 1.96 percent stake in the company, giving Facebook a $10 billion valuation. Facebook ultimately did not have to give up a board seat to DST in return for the cash.
Additionally, DST has the option to buy another $100 million worth of common stock from existing employees and investors.