Maxfield Capital, a venture fund operating globally from its offices in Moscow, New York City and Tel Aviv, has invested an undisclosed amount in Zdravprint, a Russian startup that develops medical 3D-printing technology. It is the first time Zdravprint has received venture money, the fund’s Corporate Communications Director Nadir Khabdulin told East-West Digital News.
Moscow and Amsterdam – Yandex (NASDAQ: YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, today announced its financial results for the fourth quarter and the full year ended December 31, 2014. “The company performed well in the fourth quarter and demonstrated another full year of excellent results, despite the difficult …
Yandex announces fourth quarter and full-year 2014 financial results Read More
Russia’s GS Group, an internationally oriented Russian tech company whose key activities include developing technologies for digital TV, has unveiled a prototype of a device that combines the functionality of a game console and a digital HD receiver. The company has called out the gaming community to unite in driving this technology forward. The device …
Russian firm combines gaming and digital TV in new device, calls developers’ participation Read More
A Russian man has filed a lawsuit against search giant Google, accusing it of violating his privacy by showing him advertisements based on comments made in private e-mails. Anton Burkov, from Yekaterinburg, filed the suit in a Moscow court when advertisements for French hotels and visa services began appearing alongside Google search results — shortly after discussing a trip to Strasbourg with friends.
Siguler Guff and CapMan, two international private equity firms, announced last week an investment in Maximum Education, a major Russian provider of educational test preparation services, in exchange for “a significant minority stake.” Siguler Guff declined to disclose any further details of the transaction, but Maximum Education CEO Michael Magkov told East-West Digital News it …
According to a report released last week by Morgan Stanley, Russian mobile and web users are increasingly favoring Google over local search engine Yandex. Referring to polls taken between 2012 and 2014, Morgan Stanley analysts assert that the US search engine overtook Yandex in popularity in 2014. In December, according to the surveys, there were …
Netology Group, a major Russian online education platform, announced last week that it raised $2.1 million from Buran Venture Capital and InVenture Partners. This round is Netology’s third one in less than one year, following a Series A round with InVenture Partners in April 2014 and a $1.1million capital injection from the same fund in September.
Moscow and Amsterdam – Yandex (NASDAQ: YNDX) has released a new app that helps drivers in Moscow find a parking space and pay for the service without leaving their car. With the Yandex.Parking app, there is no need to drive the streets to find a parking spot or even leave your car to pay for it. The …
Yandex is purchasing Ros.Taxi, a software program for the management of taxis. It allows taxi businesses to take orders, coordinate and lead the work of drivers. Included within the Ros.Taxi brand is a mobile application called Taximeter, which determines the cost of a journey and provides drivers communication with dispatchers. Together with Yandex.Taxi – an …
Online micro-course platform Coursmos has received $600,000 in seed investment in a deal led by Altera Capital Group with participation from Imperious Group. Coursmos has now raised a total of $1.2 million in investment since it was launched in March 2014. Coursmos offers 11,000 micro-courses across 20 areas, generating profit through user subscription fees of $8.88 per month. The project …
Preply, a platform to find foreign language tutors for home or Skype lessons, has just entered the Polish market with a localized version of its website. Launched in 2012 by Kirill Bigai, Serge Lukianov and Dmytro Voloshyn, the startup initially developed across the Ukrainian, Russian, Belarussian and Kazakhstani markets.
In late 2014 Okko (formerly Play), a leading player on the Russian VOD market, launched the country’s first Ultra HD 4K video service. The solution, developed in partnership with LG Electronics, was designed to meet the requirements of Hollywood studios for content protection, giving Okko the opportunity to work with original content filmed in 4K …
Okko launches first UHD movies on Russian VOD market Read More
