Internet of Things

US company with Russian brains and Russian money unveils “breakthrough” in microprocessor performance

November 10, 2014

In late October, Soft Machines Inc., a Silicon Valley-based semiconductor startup company with an important R&D center in Russia, unveiled the Soft Machines VISC architecture – a “breakthrough” in microprocessor performance-per-watt scaling that will “significantly improve performance and power for all segments of the computing ecosystem,” according to the company. “We’ve been quietly building the …

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Luxoft acquires US Internet-of-Things solution provider Radius

October 10, 2014

Earlier this week Luxoft, a NYSE-listed provider of software development services and innovative solutions and a part of Russia’s IBS Group, announced the acquisition of Radius Inc., a US-based provider of Internet-of-Things (IoT) solutions. Radius delivers modern enterprise solutions across mobile, cloud, data and API technologies for large corporations to “help them capture, manage, and …

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Impulse VC invests in smart home startup Contactless

October 6, 2014

The Russian venture fund and incubator Impulse VC has announced an investment of “up to $300,000” in Moscow-based Contactless (in Russian: Beskontaknye Ustroistva), a startup that is developing a home and industrial automation platform called the Wiren Board. “The final investment amount will depend on company performance,” Valeria Zhigacheva of the fund’s press service told …

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IIDF to support big data, wearable tech and Internet-of-things startups

December 26, 2018

Last week the Internet Initiatives Development Fund (IIDF, or FRII in Russian), the $200 million fund launched last year to support Russian Internet startups, announced the extension of its coverage to such new fields as big data, wearable devices and the Internet-of-Things. “We did quite a lot of research on technological trends across the world. Cloud, social and …

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Kremlin weighs options for isolating Russian Internet in event of crisis, fuelling concerns from rights activists and free-minded bloggers

December 21, 2018

On October 1st, the Russian Security Council will discuss issues of internet protection in emergency situations, such as military action or mass protests inside the country. In addition, the possibility of handing over domain administration functions to the state will be considered. While the Kremlin insists that the main purpose of the meeting is to …

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TMT Investments injects $250,000 into ‘Internet of everything’ startup Weaved

June 25, 2014

Last week TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced the completion of a $250,000 investment in Palo-Alto headquartered Weaved in exchange for a 2.69% stake in the company’s capital. Weaved’s mission is “to become the ‘DNS’ for the Internet of Everything”. To that end, it is developing software and services that allow devices to be securely connected via …

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