Yandex, the Russian search giant, has acquired a browser application developed by Metabar, a portfolio company of Runa Capital. The financial details of the deal have not been disclosed, but Runa reported that it “provided a multiple return on investment.” Christened “Sovetnik” (Russian for “advisor”), this browser extension helps users find the best offer for …
Nginx (pronounced “engine-x”), a US-based open source web server publisher with Russian origins, has secured $20 million in a Series B1 round of financing from New Enterprise Associates (NEA). German-American fund e.ventures, Moscow-based Runa Capital, Index Ventures and Nginx CEO Gus Robertson also took part in the round, the company announced. Funding will be used for …
Web server publisher Nginx raises $20 million from US fund NEA Read More »
Moscow and Amsterdam – Yandex (NASDAQ: YNDX), one of the largest European internet companies and the leading search provider in Russia, today announced it is embarking on a new B2B venture developing custom-made big data solutions for businesses – Yandex Data Factory. Yandex Data Factory, an international project with offices in Moscow and Amsterdam, will provide services …
Yandex to provide big data solutions to businesses Read More »
Phenomen Ventures, a $300 million international venture fund launched last year by Russian businessman Dmitry Falkovich, has invested in Helpling, the online marketplace for household cleaners backed by Germany’s Rocket Internet. The deal is part of a Series A round of 13.5 million euros ($16.8 million), which has also involved Mangrove Capital, Point Nine Capital …
Tomsk, Russia — If there were ever a place for a cutting-edge innovation hub, this snowbound Siberian outpost with a population of 500,000 probably wouldn’t be the first choice. Deep in the Russian hinterland, it stands at the dead end of a train line off the Trans-Siberian railway. Its airport services only Moscow, a few …
Snowbound Siberian outpost aims for Silicon-Valley status Read More »
Last month international online recruitment service Zartis.com announced the launch of its platform in Moscow. Zartis provides employers with access to pre-screened IT professionals in an online marketplace making it quicker and cheaper for companies to hire tech talent. The service, which started in Ireland, is available in Dublin, London, Berlin and now Moscow – …
International online recruitment service Zartis launches in Russia Read More »
From wearable devices to connected cars and homes, mobile technology is at the heart of worldwide innovation. Mobile devices connect billions of people via the transformative power of the Internet. The 2015 GSMA Mobile World Congress will convene industry leaders, visionaries and innovators to explore the trends that will shape mobile in the years ahead. …
Key Russian players to take part in 2015 GSMA Mobile World Congress Read More »
Russian-Austrian startup investor Igor Ryabenkiy is attracting partners to his investment fund, Altair Capital Management, aiming to raise $20 million before the end of this year Two figures from the Russian venture scene, Igor Matsanyuk and Mikhail Vinchel, have already brought in a part of the funding via their own investment vehicles. Other LPs are expected …
Last week Life.SREDA, the venture arm of Russian finance group Life, announced its investment in mobile bank Rocketbank. The amount of the transaction has not been disclosed, but an unnamed source close to the deal told Russian tech blog Firrma.ru that the fund’s stake in Rocketbank does not exceed 10%. Life, which is made up of seven commercial banks across Russia, …
SBT Venture Capital, the venture arm of Russia’s national savings bank Sberbank, has invested $5 million in fintech service Advanced Merchant Payments (AMP). AMP’s platform allows banks to offer unsecured short-term loans to small businesses, using data analysis to decide whether to offer loans to businesses without a credit history. It was founded in 2009 …
Russia’s SBT Venture Capital invests $5 million in Southeast Asian credit company Read More »