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Russian HR robot wins global startup competition

Russian startup Stafory announced Wednesday that it has won the Unleash (HR Tech World) startup competition held in Amsterdam for its recruiting robot called ‘Vera‘ (‘faith’ in Russian). The startup was awarded with €10,000. Vera goes along the recruitment chain, from search and selection of potential employees across the largest recruitment sites, to calls and invitation of suitable applicants, …

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Kaspersky: We uploaded classifieds US documents but immediately deleted them

Sometime in 2014, a group of analysts walked into the office of Kaspersky Lab founder and CEO Eugene Kaspersky to deliver some sobering news. The company’s anti-virus software had automatically scraped powerful digital surveillance tools off a computer in the United States and the analysts were worried: the data’s headers clearly identified the files as classified. …

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Russian and international funds team up to support “the ultimate personalization engine for banks”

Last week DataSine, a Russian-co-founded startup based in London,  announced that it secured €1 million for its business expansion. The pool of investors included Sistema VC, the venture arm of the Russian conglomerate Sistema, Force Over Mass, a London-based venture fund, and C.Entrepreneurs, a joint venture of Cathay Innovation and BNP Paribas Cardif. DataSine’s proprietary …

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New wave of cyber attacks hits Russia, other nations

Cyber attacks using malware called “BadRabbit” hit Russia and other nations on Tuesday, affecting Russian Interfax news agency and causing flight delays at Ukraine’s Odessa airport. The attacks are disturbing because attackers quickly infected critical infrastructure, including transportation operators, indicating it was a “well-coordinated” campaign, said Robert Lipovsky, a researcher with cyber firm ESET. More …

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Russian-founded AI startup secured $840,000 to “redesign home security”

Cherry Labs, a Russian-founded startup an AI-powered solution of which “provides your family with the safest, smartest and most-private home possible,” secured $840,000 from Gagarin Capital, a US-based venture fund with Russian roots, and two Russian funds — Impulse VC and Altair Capital. The round also involved such individual investors as Alexander Agapitov, Yuri Gursky, …

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Kaspersky Lab to open software to review, says nothing to hide

Moscow-based Kaspersky Lab said on Monday it will ask independent parties to review the security of its anti-virus software, which the US government has said could jeopardize national security, citing concerns over Kremlin influence and hijacking by Russian spies. Kaspersky, one of the world’s top cyber security vendors for consumers, said in a statement that …

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CPA network anticipates $500 million global sales this year for Chinese online retailers

International affiliate network admitad has just released impressive numbers about the global activities of Chinese e-commerce companies. admitad expects these players to generate no less than half a billion US dollars in revenues this year via its CPA platform. Needless to say, this volume accounts for just a fraction of Chinese online retailers’ international business, …

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Russian game streaming startup raises $1.3 million in pre-ICO, Oculus co-founder joins as advisor

Playkey, a Russian startup whose technology allows users to play the latest video games on low-performance computers, has already secured $1.3 million in its ongoing pre-ICO campaign. The news was reported last week by Russian online publication Firrma.ru. The fund were brought by US-based fund Uncharted Capital (Playkey has managed to secure some $300,000 from …

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Russian and US funds team up to support Armenian food delivery startup

SOLventures, a Russian venture fund focusing on IT and e-commerce projects, has just taken part in a $3 million round of funding for Armenian food delivery startup Menu Group. The round also involved such US-based funds as Perea Capital and Hayastan 1. Menu Group, which touts itself as “the leader of the restaurant food delivery …

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Sberbank joins Enterprise Ethereum Alliance

Earlier this week Sberbank, Russia’s national savings bank, announced its participation in the non-commercial alliance Enterprise Ethereum Alliance (EEA). The bank is the first Russian bank to become a member of the alliance. EEA was established in February 2017 to “connect Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts.”  Some …

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Russian startup to provide flying motorbikes to Dubai police

Russian flying motorbikes could soon thrive under Dubai sun, following a memorandum of understanding (MoU) signed by Hoversurf, the Russian startup which has designed these futuristic machines, and the emirate’s police. The agreement was inked last week after Hoversurf demonstrated its motorbike at the GITEX technology week in Dubai. The local police intend to use the flying …

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Seedstars reveals 12 promising Russian seed-stage startups

Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes, is bringing its pre-selection rounds to an end. With the support of the local partners #tceh, HSE and the Swiss embassy, Seedstars World will be holding a pitch event on October 14 at IIDF (FRII), a leading Moscow-based startup investment fund. Thus …

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