Search Results for: maxfield

Russian and Ukrainian roots, US exit: Jelastic acquired by Virtuozzo

October 14, 2021

Last week Jelastic, a multi-cloud Platform-as-a-Service (PaaS) company established in Silicon Valley with Russian and Ukrainian roots, announced its acquisition by Seattle-based Virtuozzo. The terms of the deal were not disclosed.  Jelastic’s cloud services combine platform and container capacities in a single package for hosting providers, enterprises and developers. Virtuozzo is a leader in virtualization and hyperconverged software: its …

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Corel acquires leading cross-platform solution publisher Parallels

December 25, 2018

Parallels, a global leader in cross-platform solutions founded in 2000, has been acquired by the Canadian software giant Corel. As a result, “Corel now offers the complete Parallels product line as part of its industry-leading software portfolio,” according to a corporate statement published Dec. 20. Parallels’ products – including its popular software for running Windows on Mac …

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Flint Capital and Maxfield Capital invest in AI

April 10, 2018

In late March Flint Capital, a fund with Russian roots operating internationally, participated in a $11.3 million Series A round for Audioburst, an Israel-based audio search startup. The news was reported in late March by Calcalistech. The round was led by Samsung, which invested $4.6 million through its venture arm Samsung Ventures, with participation from Japanese …

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What the ‘Paradise Papers’ missed to reveal: Airbnb, Alibaba, DropBox, Groupon, Hyperloop One, Shazam, Spotify, Uber also received “Kremlin money”

January 18, 2023

Leaked files have just highlighted the connections of Yuri Milner, a top Russian-born international tech investor, with a Russian state-controlled financial institution.  While seeing in these connections “a long Kremlin arm,” the international journalist consortium which analyzed these files omitted to point out many other cases of Russian money fuelling powerful tech companies in the US and elsewhere. However, …

What the ‘Paradise Papers’ missed to reveal: Airbnb, Alibaba, DropBox, Groupon, Hyperloop One, Shazam, Spotify, Uber also received “Kremlin money” Read More

NFWare secures $2 million to expand in Europe and US

March 26, 2017

Yesterday NFWare, a startup with Russian roots that develops virtualization solutions for network infrastructure, announced that it raised $2 million from Sistema_VC and its existing investors Almaz Capital, Maxfield Capital, and Telefonica Open Future. “As telecom operators, Internet companies and data centers have to invest continuously to enhance the capacity of their network infrastructure, NFWare offers a technologically elegant and effective solution to reduce the costs …

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Russian funds take part in YouAppi’s $13.1 million funding round

February 22, 2016

YouAppi, a San Francisco-based startup that has developed a Big Data-driven solution for mobile marketing, has raised $13.1 million from an international consortium of investors, including AltaIR, Emery Capital and Flint Capital, three funds with Russian roots. Also participating in this Series B round are Click Ventures, Digital Venture (Ukraine), Global Brain (Japan) and Hawk Ventures (USA) as well as …

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From London, to Prague, to Tel Aviv, Russian money still fuels international startups

February 9, 2016

Confirming a trend which started years ago and continued all along 2015, several venture funds with Russian backers or managers invested abroad last month, with half a dozen significant deals made public. Thus AltaIR Capital, LETA Capital and Maxfield Capital took part in a $1.2 million seed funding round for Tel Aviv-based startup Viisights. The round was led by Israeli early-stage fund The Time. …

From London, to Prague, to Tel Aviv, Russian money still fuels international startups Read More

This year might be a good one for selling to investors, believe Russian VCs

January 29, 2016

Which Russian startups may be interesting to international investors? Are there any positive trends on the Russian venture market? What do you expect from the tech sector in 2016? ArcticStartup has asked these and other questions to three Russian investors: business angel Alexey Menn, Life.SREDA’s Vladislav Solodkiy, and Maxfield Capital’s Alexander Turkot. Their professional background …

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Russian billionaire Viktor Vekselberg backs US online media group Gawker ahead of costly lawsuit

February 7, 2016

Columbus Nova Technology Partners, a California-based venture fund controlled by Russian billionaire Viktor Vekselberg, is to acquire a minority stake in Gawker Media. The amount and the terms of the transaction have not been disclosed. As its founder Nick Denton admitted in an internal memo, Gawker Media needed to strengthen its financial reserves as it is preparing for a …

Russian billionaire Viktor Vekselberg backs US online media group Gawker ahead of costly lawsuit Read More

French Tech launches in Moscow to bridge French and Russian innovation systems

March 31, 2016

French Tech, a government initiative which aims to to organize and promote French innovation globally, launched officially its Moscow branch on Monday. The opening ceremony took place in Skolkovo, the international tech hub under completion on the outskirts of Moscow, where French Tech Moscow has established itself. French economy minister Emmanuel Macron offered a brief speech …

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2015 in review: Russian funds continued to invest in international startups while the domestic venture market declined

March 17, 2016

This week and next, East-West Digital News reviews the most important developments on the Russian high-tech scene in 2015. The series starts with an analysis of the key deals and trends that marked the venture market. 1. Russian funds continued to invest in international startups The invest-abroad trend among funds with Russian backers or managers, which began several …

2015 in review: Russian funds continued to invest in international startups while the domestic venture market declined Read More

Russian fund invests $1 million in Israeli wearable technology company to demonstrate “the true meaning of being free”

February 9, 2016

Russian venture fund Titanium Investments has injected $1 million in MUV Interactive, an Israel-based developer of innovative technologies for wearable interfaces. The investment, which will help the startup start serial production of Bird, its first product, took the form of a convertible loan, Russian business daily Kommersant reported today. The transaction brings the total amount raised by the startup …

Russian fund invests $1 million in Israeli wearable technology company to demonstrate “the true meaning of being free” Read More

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