Venture / Private equity

Russian-American software developer Mirantis lands $10 million in funding

June 20, 2013

Mirantis, a California-based software developer and systems integrator with offices in Russia and Ukraine, attracted a $10 million Series A funding round in early June. The investment was made by Ericsson, Red Hat, and SAP Ventures, along with existing investor WestSummit Capital. The company plans to use the funding to enhance the engineering roadmap for …

Russian-American software developer Mirantis lands $10 million in funding Read More

Tomsk’s new VC fund to back seed-stage efforts in business and academia

November 19, 2014

The Russian venture fever hit the Tomsk region in Siberia last week with the announced launch of a regional seed-stage fund. The new fund is expected to focus on the support of technology developments across the region’s innovation production clusters and in local academia. The fund will operate as an Open Investment Society (in Russian: …

Tomsk’s new VC fund to back seed-stage efforts in business and academia Read More

SaaS startup ITMan attracts investment from Softline and Moscow Seed Fund

June 13, 2013

Russian tech fund Softline Venture Partners and the Moscow Seed Fund announced last week that they have closed a funding deal with ITMan, a startup providing SMB companies with SaaS (software as a service) solutions to control IT assets. While neither the amount of the investment nor the stake the investors have acquired in ITMan have been …

SaaS startup ITMan attracts investment from Softline and Moscow Seed Fund Read More

Lamoda.ru secures $130 million from Western funds

April 21, 2017

Lamoda.ru, one of Russia’s four leading online fashion retailers, has just secured $130 million from Access Industries, Summit Partners and Tengelmann. The transaction marks the most significant investment volume in the history of Russian e-commerce, topping a $100 million funding deal completed in September 2011 for Ozon.ru. Lamoda offers more than 1,000,000 products and 800 international brands. It …

Lamoda.ru secures $130 million from Western funds Read More

Russian social marketing startup Flocktory raises $1.5 million from new Russian tech fund

June 11, 2013

Moscow-based social startup Flocktory announced last week that it has landed a $1.5 million Series A funding round from Digital Ventures, a new Russian venture fund, which has obtained a minority stake in the company. The main product that Flocktory is working on is a SaaS platform, which allows e-commerce companies to target the most …

Russian social marketing startup Flocktory raises $1.5 million from new Russian tech fund Read More

Russian gamedev startup Playtox secures $3 million from Runa Capital

October 6, 2016

Last week Runa Capital, a Moscow-based, $135 million tech fund that operates internationally, closed a $3 million funding deal with Playtox, a software developer and publisher that specializes in free-to-play mobile browser games. As a result of the series A financing round, Runa Capital has purchased an undisclosed minority stake in Playtox. Founded in 2010, …

Russian gamedev startup Playtox secures $3 million from Runa Capital Read More

Video portal Zoomby.ru secures $10 million in funding

June 5, 2013

Russian Internet group WebMediaGroup has attracted $10 million for its video portal Zoomby.ru, an aggregator of broadcast quality video content developed in partnership with a state-owned Russian TV channel. The round was carried out by the Leader-Innovations – a 3 billion ruble venture fund launched in 2008 with the participation of the state-owned fund of funds RVC, – Gazprombank, one …

Video portal Zoomby.ru secures $10 million in funding Read More

Online ad management startup CPAExchange secures seed funding on a highly competitive market

May 31, 2013

Prostor Capital announced yesterday that it has purchased a 25% stake in online ad management startup CPAExchange in a seed funding round. Neither the exact amount of the investment nor the company’s valuation have been disclosed. Founded in 2012, CPAExchange is a service that allows customers to place and manage advertisements online using the click-per-action …

Online ad management startup CPAExchange secures seed funding on a highly competitive market Read More

Mail.Ru Group invests $1.5m in visual search provider Cortiсa

May 29, 2013

Leading Russian Internet group Mail.Ru Group announced yesterday that it has poured $1.5 million into the Israeli visual search developer Cortica. The funding is part of a larger round led by other undisclosed investors; it brings the total amount attracted by Cortica to more than $12.5 million. The investment in Cortica allows Mail.Ru Group to …

Mail.Ru Group invests $1.5m in visual search provider Cortiсa Read More

HSE-backed startup Hiconversion lands $300,000 in funding

May 28, 2013

Moscow-based social network advertising platform Hiconversion announced last week that it has received about 9.1 million rubles (almost $300,000) in seed funding from serial angel investor Igor Ryabenkiy and the Moscow Seed Fund, Moscow City’s venture investment arm. Ryabenkiy contributed some 3 million rubles, while the fund provided the other 6 million. The company’s total …

HSE-backed startup Hiconversion lands $300,000 in funding Read More

E-learning startup YaKlass attracts funding, plans international expansion

May 27, 2013

Moscow-based e-learning startup YaKlass has announced that it has secured a seed funding round from Latvia’s Data Pro Group, Russia’s Vesna Investment and entrepreneur Nikita Khalyavin, CNews.ru revealed last week. The amount of the investment has not been disclosed, but CEO Valeriy Nikitin told East-West Digital News that it valued YaKlass at $2 million.

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.