Born in Vladivostok, a city closer to Tokyo than Moscow, Alexandra Johnson has always had an international outlook. Soon after the fall of the Soviet Union, she left for the U.S., where she added a M.B.A from the University of California, Berkeley to her Ph.D. from St. Petersburg State University. Once in California, she found …
Mobile app developer Iconic Mobile (formerly known as Ipadizer) has raised $1 million from 515 Capital, a London-based investment and consultancy firm. This is the first funding round for the startup – at a pre-money valuation of $2.7 million, as founder and CEO Alexey Pospekhov told East-West Digital News. Launched in Russia in 2011, Iconic …
Russian mobile app developer Iconic Mobile secures $1 million from UK investment firm Read More
This month has seen the blossoming of venture analytics in Russia, with no fewer than four reports dedicated to the field. A study from PwC, with the support of state-owned fund of funds RVC, and another from investment company Rye Man and Gor Securities (RMG) offer general views of the market. Two other reports, published by …
Russian venture market: From euphoria to maturation Read More
Last month Russian fund Buran Venture Capital along with “a few business angels” invested 40 million rubles (approximately $1.1 million) in Moscow-based startup Dashboard Systems. The terms of the deal have not been disclosed and neither the startup nor the fund answered EWDN’s questions. A resident of Skolkovo, the government-sponsored tech hub under completion on …
“Doctor At Work,” Russia’s leading physicians’ community, has just secured $3 million from three major Russian venture funds – existing investors Aurora Venture Capital and Bright Capital, and new investor Guard Capital. The deal valued the startup at $16.5 million. A part of the funds – less than one third, Bright Capital’s press service told East-West Digital News …
Leading physicians’ community ‘Doctor At Work’ secures $3 million Read More
ABRT and Mangrove Capital Partners, two venture funds investing actively in Russia, are inviting CEOs and founders of Russian IT companies to the ABRT-MANGROVE CEO CAMP, an intensive 10-week program starting next month (deadline for applications: March 23). The program is intended to help young IT companies increase sales significantly, find new customers and partners, …
iBuildApp, a California-based startup with Russian roots, has raised $525,000 from Eugene Miller and Constantine Filin to further develop its mobile app building technology and expand internationally. The iBuildApp platform allows anyone to build mobile applications for iPhone and Android without any programming skills. Templates are available for different industries, from banks and restaurants to universities, schools …
Russian-American startup iBuildApp raises $525,000 to develop in Asia and Latin America Read More
Two leading Russian online retailers, Ozon and Ulmart, are holding discussions with investors to fuel expansion in a market that grew by almost 30% last year. Ozon, a pioneering e-commerce holding with notable similarities to Amazon.com, is in the final stages of talks with AFK Sistema, a Russian LSE-listed holding operating in a range of …
Russian e-commerce leaders Ozon and Ulmart in funding talks Read More
Surfingbird.ru, the first collaborative content discovery service on the Russian-language Internet, has raised $2.5 million from Russian fund Klever Internet Investments. The transaction, revealed last week by the Russian business daily Vedomosti, was confirmed to East-West Digital News by the startup’s CEO Sergey Shalaev. Launched in 2011, SurfingBird is inspired by US site StumbleUpon.com, which …
Russian-language content discovery service Surfingbird closes $2.5 million Series B round Read More
TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced last week the completion of a new $200,000 investment in San Francisco-based startup KitApps, following a capital injection of the same amount in July last year. KitApps’ mobile app platform, christened “Attendify,” enables event planners to create customized mobile apps for conferences, tradeshows, exhibitions …
TMT Investments injects additional $200,000 in US mobile app startup KitApps Read More
Klever Internet Investments, the technology branch of a major Russian private investor, Klever Asset Management, has received a minority stake in CityAds Media, a Moscow-based international affiliate marketing and performance advertising platform, in exchange for a $5 million growth equity funding. CityAds, which is attracting private equity investment for the first time, intends to use the …
Russian CPA platform CityAds raises $5 million with international ambitions Read More
Spanish bank BBVA has acquired Simple, giving Russian fintech fund Life.SREDA its first exit. BBVA paid $117 million for the American innovative banking app, giving Life.SREDA a 180% return on the investment it made in June 2013. Simple, which was founded in summer 2012, helps clients to control their spending and to meet saving targets. …
