Andrii Degeler

Based in the Netherlands, Andrii Degeler has been covering Internet and tech business news for a number of Western and Ukrainian publications since 2007. He contributes news articles and industry insights to East-West Digital News.

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Yandex offers €150,000 grant to Germany-based Wikidata to fine-tune its algorithm with “huge body of data”

Earlier this month, Russian search giant Yandex announced that it has provided a €150,000 grant to Wikidata, a non-profit organization that is developing a knowledge database with structured information obtained from Wikipedia articles. Launched in October 2012 by Wikimedia Deutschland, Wikidata is creating a huge database about different objects, people, things, and phenomena, and how …

Yandex offers €150,000 grant to Germany-based Wikidata to fine-tune its algorithm with “huge body of data” Read More

Mobile operator MTS launches online SaaS marketplace

MTS, one of Russia’s leading mobile operators, has announced that it has launched a Software-as-a-Service (SaaS) marketplace in partnership with NEC Corporation and started to sell the cloud office solution Microsoft Office 365 to its customers. In the SaaS marketplace “Legkiy ofis” (Russian for “Easy Office”) customers can access applications for business that are popular …

Mobile operator MTS launches online SaaS marketplace Read More

SaaS startup ITMan attracts investment from Softline and Moscow Seed Fund

Russian tech fund Softline Venture Partners and the Moscow Seed Fund announced last week that they have closed a funding deal with ITMan, a startup providing SMB companies with SaaS (software as a service) solutions to control IT assets. While neither the amount of the investment nor the stake the investors have acquired in ITMan have been …

SaaS startup ITMan attracts investment from Softline and Moscow Seed Fund Read More

Russian social marketing startup Flocktory raises $1.5 million from new Russian tech fund

Moscow-based social startup Flocktory announced last week that it has landed a $1.5 million Series A funding round from Digital Ventures, a new Russian venture fund, which has obtained a minority stake in the company. The main product that Flocktory is working on is a SaaS platform, which allows e-commerce companies to target the most …

Russian social marketing startup Flocktory raises $1.5 million from new Russian tech fund Read More

Russian gamedev startup Playtox secures $3 million from Runa Capital

Last week Runa Capital, a Moscow-based, $135 million tech fund that operates internationally, closed a $3 million funding deal with Playtox, a software developer and publisher that specializes in free-to-play mobile browser games. As a result of the series A financing round, Runa Capital has purchased an undisclosed minority stake in Playtox. Founded in 2010, …

Russian gamedev startup Playtox secures $3 million from Runa Capital Read More

International group Aegis Media positions itself on the nascent Russian RTB ad market

The international digital communications group Aegis Media has entered the Russian market with its online ad buying system based on the real-time bidding (RTB) technology. The group expects to become one of the leading providers in this segment of online ad sales, business daily Vedomosti.ru reported last week. In the RTB model, an automated auction …

International group Aegis Media positions itself on the nascent Russian RTB ad market Read More

Yandex releases its Android 3D launcher Yandex.Shell worldwide

Russian search giant Yandex has released its Android home launcher, Yandex.Shell. It is available free of charge in 28 languages for users worldwide through Google Play or on Yandex.Store, the company’s own Android app marketplace which launched in February. Released today, the Yandex-flavored launcher includes a homescreen and a revamped dialer with address book, as …

Yandex releases its Android 3D launcher Yandex.Shell worldwide Read More

Russian children attracted by social networking, online shopping and pornography

Kaspersky Lab, a Russian IT security solution developer operating internationally, has released a report showing that 59.6% of the websites visited by Russian children are social networking sites, which is the highest percentage in the world. According to the data obtained from Kaspersky Lab’s “Parental Control” module, the second place in this rating goes to e-commerce websites, …

Russian children attracted by social networking, online shopping and pornography Read More

Video portal Zoomby.ru secures $10 million in funding

Russian Internet group WebMediaGroup has attracted $10 million for its video portal Zoomby.ru, an aggregator of broadcast quality video content developed in partnership with a state-owned Russian TV channel. The round was carried out by the Leader-Innovations – a 3 billion ruble venture fund launched in 2008 with the participation of the state-owned fund of funds RVC, – Gazprombank, one …

Video portal Zoomby.ru secures $10 million in funding Read More

Kaspersky Lab aims to “be more American than the Americans”

Russian IT security solutions developer Kaspersky Lab plans to open a new US office in the Washington D.C. area to sell its products to the US government, Reuters reported earlier this month. One of the world’s biggest buyers of security software, the US government traditionally avoids purchasing Russian IT products out of fear that they …

Kaspersky Lab aims to “be more American than the Americans” Read More

Yandex updates its personalized search feature to track users’ momentary interests

The Russian search giant Yandex has announced an updated version of its Personal Search feature in the newly-launched search platform “Dublin.” The main difference from the previous version, introduced in December 2012, is that now a user’s search profile is updated every few seconds instead of once a day. Yandex claims that more than a …

Yandex updates its personalized search feature to track users’ momentary interests Read More

Online ad management startup CPAExchange secures seed funding on a highly competitive market

Prostor Capital announced yesterday that it has purchased a 25% stake in online ad management startup CPAExchange in a seed funding round. Neither the exact amount of the investment nor the company’s valuation have been disclosed. Founded in 2012, CPAExchange is a service that allows customers to place and manage advertisements online using the click-per-action …

Online ad management startup CPAExchange secures seed funding on a highly competitive market Read More

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