The Center for Network Interaction Technologies (TsTVS in Russian) has invested in the content delivery network (CDN) operator Ngenix and received a blocking stake in it, reported last week IKS Media, an online publication covering the Russian IT and telecom market. TsTVS is owned by data center operator SafeData and prominent Russian businessman Dmitry Shumkov.
Ngenix will use the funds it received for the development of the CDN cloud platform for broadcasting video on the Internet, increasing the speed of ecommerce sites and guaranteeing the security of web apps for corporate and state customers.
“The Ngenix company has high intellectual potential and has already shown the ability to convert ideas and technologies into services that are in demand on the Russian and foreign Internet markets,” commented Pavel Kaplunov, chairman of the board of SafeData. “Investments in Ngenix are a logical extension of our group’s product strategy, which is directed toward the building of comprehensive solutions based on resilient distributed data center infrastructure.”
“SafeData is not only playing the role of investor for us, it is also a multipurpose partner with a deep understanding of the needs of the contemporary IT market,” IKS Media quoted Ngenix CEO Konstantin Chumachenko as saying. “The extensive management experience of Dmitry Shumakov, who plans on joining the Ngenix board of directors, will undoubtedly have a positive influence on the pace of the company’s development in the corporate and media segment.”