Moscow – IXcellerate, Russia’s premier carrier-neutral data centre operator, is pleased to announce the appointment of Roman Linin as Chief Financial Officer, joining COO Dmitry Fokin and CEO Guy Willner. Roman brings about invaluable business experience in management, finance and accounting. Before joining IXcellerate Roman held a position of Investment Director in the Elbrus Capital, a private equity fund, responsible …
In 2014, according to a new report by international market research company PMR, the Russian market of commercial data center services reached 11.7 billion rubles (approximately $303 million at the average 2014 exchange rate), up 20.4% from the previous year. Development forecasts for the next few years remain positive. Organic growth is driven by the rapid development of …
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 »
Following the downing of the Air Malaysia flight and the subsequent military interventions and conflict between pro-Russian separatists and the government in the Ukraine, concerns about the stability of Ukraine and Russia – and indeed the broader Eastern European region – have grown. Despite a cease-fire in September, some quarters are reporting the possibility of renewed conflict. The economic toll …
Will Ukraine-Russia’s political turmoil boost the region’s outsourcing economics? Read More »