Digital content & Related technologies

Online video service Ivi.ru secures $40 million from leading Russian and Western investors

Yesterday, just days after witnessing the financing rounds of online shoe retailer Lamoda.ru and travel site Onetwotrip.com, the Russian Internet scene saw another giant funding operation with Ivi.ru, a major video streaming service. Ivi.ru raised no less than $40 million from private equity firm Baring Vostok Capital Partners, a shareholder of Yandex and Ozon.ru, along with existing investors …

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Russia’s AlterGeo among White Bull finalists

Last week, AlterGeo came as the only startup from Russia and neighboring countries to be selected among the 30 finalists of the White Bull European innovation championship. “The applicants were incredibly strong this year. We’ve carefully selected this year’s finalists based on business proposition, market strategy, technological solutions and understanding of customer needs,” said White Bull …

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Russian print-on-demand startup teams up with Germany’s DigiFoto for European expansion

Moe Izdanie, a Russian print-on-demand startup that launched less than one year ago under the Albooka brand, has announced plans to expand to EU countries through a partnership with DigiFoto, a leading German photo service company. Albooka mixes social networking, online editing, and print-on-demand services. Users can layout and edit virtual books and photo albums …

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Self-service video platform Virool secures $400,000 from TMT Investments

TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced yesterday a $400,000 investment in Virool. The Russian-American startup is developing a self-service video platform enabling video creators to target audiences across a network of online publishers, blogs, social games and mobile applications. The startup also offers an application that makes it easy for publishers …

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Moscow startup Gfranq turns amateurs into professional photographers

Gfranq, a photo editing site launched just four months ago, is getting strong traction among amateur photographers, with more than 100,000 users in its first three months. Gfranq’s idea is to provide a simple, yet poweful image processing service to the average online user who has no knowledge of complex image processing software, allowing the …

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Award-winning social alarm service Budist.ru secures $2 million for international expansion

If you would like to be woken up tomorrow morning by a friendly stranger’s call instead of a typical alarm, this application is for you. Social alarm clock Budist.ru enables you to set up the date and time you wish to be awoken, and a volunteer will call you at that exact time. The service is …

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Rutube gets new look, goes social

A few weeks after reshaping its user interface with a new look and logotype, the Russian video portal ‘Rutube’ has launched a major overhaul of its services. Initially a copycat of YouTube, the portal is now strongly integrating its features with social networks, offering personalized selections of videos compiled from what a user’s friends have …

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‘Doctor At Work’ secures $1 million from Bright Capital

Bright Capital, a major Russian venture fund operating internationally, announced last week its investment in Doktornarabote.ru (‘Doctor At Work’), Russia’s leading physicians’ community with nearly 80,000 registered practitioners. The fund offered $1 million in exchange for a minority stake in the startup online community, reported CNews.ru, a Russian IT news portal. Released in March 2010, …

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Android app tracks down and embarrasses Moscow’s worst parking offenders

While Moscow streets and sidewalks are crippled by haphazardly and illegally parked automobiles, an online city magazine, The-Village.ru, has launched a sophisticated e-campaign to identify and shame the offenders. Using a free Android application named ‘Parking Douche,’ smartphone users can take a picture of the culprit. The app then uses the user’s IP address, taps …

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i-Free Innovations’ Everfriends artificial intelligence technology wins prestigious award

St. Petersburg, Russia – i-Free Innovations, a Russian mobile applications and games developer and publisher, today announced that Artificial Intelligence (AI) technology developed by a team led by engineer Vladimir Veselov, in cooperation with i-Free Innovations for its Everfriends Android-based virtual mobile assistant, has won the prestigious Turing100 “AI Machines Competition” held in Bletchley Park, …

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AFK Sistema lays out $15 million to buttress Omlet.ru as content startup rebrands

AFK Sistema, a Russian LSE-listed holding, announced last week that it has invested in Stream.ru, a paid video content portal formerly known as Omlet.ru. Stream.ru was launched in 2009 by MTS, a Sistema subsidiary and a leading Russian mobile operator. With a reported investment of 496 million rubles ($15 million), Sistema now owns 55% of …

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Physicians’ portal MirVracha secures $1.4 million from Japanese investors

MirVracha.ru, a major Internet portal for physicians and medical students, has completed its first round of financing, totaling $1.4 million. The round was led by Japanese fund UMJ Russia, which received a majority stake, with the participation of M3 Inc., a Japanese company offering innovative web solutions for medical professionals and the life sciences industry, …

Physicians’ portal MirVracha secures $1.4 million from Japanese investors Read More

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