TechRockets

TechRockets is a blog with the most up-to-date information in English concerning startup funding within the Internet and New Media markets. It is the best source of information about the activity of Russian companies and market trends.

TechRockets provides interaction between Russian entrepreneurs and foreign investors by means news reports, official acknowledgements and expert commentaries in the field of investments, M&A, governmental programs and initiatives, new projects and funds; interviews with the top minds in startup funding; reviews on promising projects and funds; data concerning upcoming events and fresh mass-media tools.

The company and personality profiles provide accurate information on their activity and performance.

TechRockets also issues analytical overviews carried out by StartupIndex company and the online version of StartupIndex Review available for downloading.

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Yandex.Dengi connected to Russian national savings bank

Yandex.Dengi, a leading Russian electronic currency system, has announced the launch of cooperation with Sberbank, Russia’s national savings bank. Starting February 21, Yandex.Dengi accounts can be refilled at any Sberbank ATM located in Moscow and the Moscow region. The service will be available throughout Russia by the end of the year. Yandex.Dengi account holders will …

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Safe Internet League established in Russia

In an effort to combat child pornography and extremism on Russia’s Internet, several organizations in Russia have formed the non-commercial partnership Safe Internet League. The league aims to conduct educational campaigns and establish practical measures for preventing and detecting harmful content on the Web. It can be joined by any commercial or non-governmental organizations, as …

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Russian oligarch invests in Russian crowdsourcing platform

Witology, a company specializing in the development and practical application of crowdsourcing technologies (methods of collective problem solving), reached an agreement with ONEXIM Group and Sputnik Group for investment in further crowdsourcing research. ONEXIM Group is owned by Mikhail Prokhorov, a prominent Russian billionaire and owner of the New Jersey Nets, an American basketball team.

Runa Capital Fund to invest another $20 million in Russian start-ups

The Runa Capital seed fund, established by Parallels founder Sergey Belousov, has been increased by $20 million — from $30 to over $50 million — and plans to finance 8 or 9 start-ups this year. The anchor investors of Runa Capital are Sergey Belousov, BoD chairman of Parallels and Acronis, and Alexander Galitsky, head of …

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Rambler considering Google search engine

Rambler, a major Russian Internet portal, is holding talks with Yandex, Russia’s leading search engine, and Google regarding replacing its search engine with a partner tool. Yandex management says the company is interested in big sites with high-density traffic. Rambler is most likely to opt for Google’s search system. According to information already available, Rambler …

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Natalya Kasperskaya and Igor Ashmanov launch web reputation management project

Ashmanov describes the project as a service dedicated to monitoring and analysis of positive and negative references to a company, brand or person, with follow up recommendations for corrective action. The service will affect search engine results and blog ratings to boost positive articles and restrain negative ones.

US company buys shares in Kaspersky Lab

General Atlantic, a US-based private equity fund, has bought a large stake in Kaspersky Lab. Though no details of the deal have been disclosed by the parties, it is known that General Atlantic has become the second-largest shareholder in the Russian computer security company. Evgeny Kaspersky, who owns a controlling stake in the firm, will …

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Skype acquires Russian project Qik

Skype announced yesterday it had signed a final agreement with Almaz Capital Partners investment fund to acquire Qik, a mobile video file sharing application. Analysts assess the deal to be worth $150 million, although neither party is commenting. The transaction will be finalized this month.

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