Internet

Social CRM solution startup raises $500,000 from Softline Venture Partners

September 9, 2011

Softline Venture Partners announced earlier this week it has invested $500,000 in Copiny, a developer of Saas-based social CRM solutions. The fund received a 25.1% stake in exchange for the investment, Copiny General manager Dmitry Chistov told East-West Digital News. Copiny was founded just one year ago by a group of programmers from Bryansk, 379 kilometers …

Social CRM solution startup raises $500,000 from Softline Venture Partners Read More

Russian Venture Company approves two IT investment projects

September 9, 2011

The seed fund of the Russian Venture Company, a state owned venture vehicle dedicated to innovation with 2 billion rubles, or $65 million, in charter capital, announced yesterday it has approved investment proposals from eight projects, including two from the IT sector.

Ozon.ru secures record Russian e-commerce investment

September 8, 2011

Ozon.ru, one of the most established Russian e-commerce sites, has just closed a $100 million round of financing led by Ru-Net, a major Russian fund, with the participation of Index Ventures, Alpha Associates and Japanese e-retailer Rakuten. Ozon’s main shareholder to date, Baring Vostok Capital, has retained its stake in what essentially appears to be a …

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New discount aggregator to measure itself with international giants Yipit and Thedealmap

September 8, 2011

As dozens of daily deal sites do battle on one of the most competitive segments of the Russian Internet – including Groupon Russia, KupiKupon, Biglion, Vigoda.ru, WeClever.ru and KupiBonus.ru – discount aggregators are gaining momentum. Zina.ru, a particularly aggressive newcomer created this summer in just 30 days, is on the scene angling for its share, as CEO Leonid Gluzman …

New discount aggregator to measure itself with international giants Yipit and Thedealmap Read More

Russia invites China to join satellite Internet project

September 7, 2011

Russia has invited China to participate in a project to build a satellite system for Ka band high-speed Internet access. The offer of cooperation was announced by Deputy Minister Naum Marder during a joint Russian-Chinese meeting on communications and information technologies held in Nizhny Novgorod in late August.

Web content discovery services come to the Russian Internet

December 29, 2016

In a pattern that exemplifies the booming nature of the Russian Internet, the market segment for web content discovery services – non-existent just months ago – is now rapidly filling with ambitious startups. The public beta version of Netflip.ru was launched in mid-August, not long after a comparable site, SurfingBird.ru, went online, as reported by East-West Digital …

Web content discovery services come to the Russian Internet Read More

Foursquare launches versions in Russian and four other languages

September 2, 2011

US Foursquare announced yesterday it launched localized versions of its social geolocation service in Bahasa Indonesian, Korean, Portuguese, Russian, and Thai. The new versions have been made available through the company’s iPhone, Android, and BlackBerry applications as well as through its web interface. The Russian press also reported rumors that Foursquare is considering hiring a country …

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Russian-American game publisher attracts $1 million to assert itself on social games market

August 31, 2011

TMT Investment announced last week it will invest $1 million in a 20% stake in Berryman Capital Group (BCG), a developer of online games for social networks. TMT Investment is an international investment company based in Jersey and run by Russian businessmen focused on technology and media investment. The deal, which includes other conditions for BCG …

Russian-American game publisher attracts $1 million to assert itself on social games market Read More

Satellite loss in the skies and inefficiencies on the ground expose the difficulty of digital TV deployment

August 31, 2011

The loss of the Express-AM4 communication satellite earlier this month has exposed the substantial difficulties facing the deployment of the DVB-T broadcasting network in Russia. Made by EADS Astrium, Express-AM4 satellite was equipped with transponders operating in C-, Ku-, Ka- and L-bands. These transponders were designed to provide DVB-T broadcasting and broadband Internet coverage across the …

Satellite loss in the skies and inefficiencies on the ground expose the difficulty of digital TV deployment Read More

Yandex acquires ‘The Tweeted Times’

August 30, 2011

NASDAQ-listed Russian search engine giant Yandex announced last Friday it fully acquired The Tweeted Times, a website offering social news services, for an undisclosed amount. Yandex aims to use the technologies developed by The Tweeted Times to enhance its search and content services with information from social networks.

DST founder Yuri Milner invests in US iPad medical app publisher

August 22, 2011

Drchrono, a Silicon Valley based startup offering an electronic health record (EHR) platform for the iPad, announced last week it has received an additional $650,000 in seed funding from prominent startup investor Yuri Milner, founder of DST Global, along with venture capital firm General Catalyst.

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