Digital photo & Imaging technologies

Russian-founded micropodcasting startup receives funding from Peter Thiel and other prominent founders

A bevy of prominent business angels have backed Voices, a Russian-founded micropodcasting startup based in California. Two million US dollars were contributed by Signal founder Moxie Marlinspike, Tinder founder Justin Mateen, Shutterstock founder John Oringer, eBay founder Peter Thiel, MSQRD co-founders Sergey Gonchar, Evgeny Negen and Andrey Yanchurevich, alongside a few others.  Voices co-founder Alexey …

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Russian billionnaire invests in face recognition technology

Russian startup NtechLab, which creates “algorithms as intelligent as humans and as efficient as machines,” has raised $1.5 million, reports Russian business daily Vedomosti, citing exchanges with the company’s founders and the involved investors. Led by Impulse VC, a venture fund which is reportedly affiliated to Russian billionaire Roman Abramovich, the fund has also involved …

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Social media use: Instagram in Russia

Instagram in Russia has taken off with a far more impressive impact as a foreign app compared to the slow entrance of Facebook and others . The app has become an increasingly popular photo sharing social media app worldwide. Instagram is yet another way to connect with friends, follow celebrities, get fitness and beauty advice, …

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Facebook is working on its own Prisma-style art effects app for video

Russian apps Artisto and Prisma made a splash over the past couple of months with their cloud AI-powered effects apps for photos and video. But Facebook, too, is in the running, reports The Next Web. In an interview at The Wall Street Journal’s WSJDLive conference, Facebook’s Chief Product Officer Chris Cox demonstrated an app the …

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After 10 million downloads on iOS, Prisma now lets Android users turn their photos into works of art

What should a startup do when it find itself sitting on one of the hit apps of the year? Make it available to more people, of course. And that’s exactly what the Russian team behind the much-hyped Prisma has done with the Android launch over the weekend of an app that had been restricted to iOS for the past six …

After 10 million downloads on iOS, Prisma now lets Android users turn their photos into works of art Read More

Why the Prisma app could become a global hit

As reported earlier this week by East-West Digital News, a quirky mobile photo app named ‘Prisma’ has been leading Apple’s App Store ranking in Russia and several neighboring countries since June 20 — just ten days after launch. Among its millions of users are a bevy of Russian celebrities, from Russian Prime Minister DMitry Medvedev, to supermodels Irina Shayk …

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Quirky mobile photo app leads App Store ranking in Russia and neighboring countries, raises millions from top investors

An art filter app launched by a Russian programmer, Alexey Moiseenkov, is leading Apple’s App Store ranking in Russia and several neighboring countries – including Estonia, Kazakhstan, Latvia, Moldova, Ukraine and Uzbekistan – ahead of Whatsapp, VK, Instagram, Viber, Aliexpress and other traditional leaders in the region. In a totally unexpected surge, the app has been number …

Quirky mobile photo app leads App Store ranking in Russia and neighboring countries, raises millions from top investors Read More

TMT Investments teams up with EBRD to back international stock photo platform Depositphotos

TMT Investments, an LSE-listed fund with Russian backers, is participating in a $5 million round of additional funding for its portfolio company Depositphotos. The round is led by the European Bank for Reconstruction and Development (EBRD), which is investing via its Venture Capital Investment Programme. Agreed last month, the transaction will be completed until the end of the year. …

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