IT services

Russian and Ukrainian VCs team up to invest in US software startup

April 18, 2014

As Russia and Ukraine were escalating to a new level of mutual threats and recriminations earlier this week, venture funds offered a welcome illustration that nationalism has not completely spoiled relations between the two countries. A major Kiev-based fund, AVentures Capital, teamed up with two Russian funds, Almaz Capital and ABRT, to inject $3.25 million …

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Russian mobile app developer Iconic Mobile secures $1 million from UK investment firm

March 27, 2014

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 …

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Vobis Computer rolls out homegrown Russian budget smartphone

March 19, 2014

Vobis Computer, a sizable Russian supplier and vendor of Chinese-assembled smartphones, satellite navigation systems and software operating under the Highscreen local trademark, has announced its first solo as an independent smartphone manufacturer. Six months ago Vobis unveiled its Highscreen Boost 2, with record-long battery life. This month the developer, now based in Moscow and Hong …

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Government fund RVC supports tech entrepreneurship in West Urals

February 25, 2014

The RVC Infrafund has teamed up with a group of yet-undisclosed private investors to jointly finance the setup of the Digital Port Tech Entrepreneurship Center in the city of Perm in the West Urals. The 2000-sq. meter facility is expected to offer young local innovative teams and startups both office space and a range of …

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German web hosting startup Cloudpartner.de secures €1.5 million from Runa Capital

January 29, 2014

Berlin-based web hosting startup cloudpartner.de has raised €1.5 million from Runa Capital, a Moscow-based venture fund operating internationally. This Series A round – the terms of which have not been disclosed – will help the company provide managed services from infrastructure based entirely in Germany. With the many privacy concerns raised after the extent of the US government’s international espionage operations became known, Cloudpartner.de …

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Russia’s Softline Group invests in Bielorussian cloud potential

November 19, 2014

Earlier this month, Softline Venture Partners, the venture arm of the Moscow-based international software licensor and IT service provider Softline Group, announced an investment of $750,000 in an advanced IT developer, TurboHeads, in neighboring Belarus. ActiveCloud, another Softline Group subsidiary and IaaS/SaaS solution provider, has also participated in the round of financing. The group is …

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Russian high performance computing developer sets second consecutive world record of computing density

November 19, 2014

RSC Group, a leading four-year-old developer and integrator of high performance computing (HPC) solutions in the former Soviet Union, announced last week that it has set a new world record of computing density of 1 petaFLOPS per server rack – five times greater than the company’s prior record of 211 teraFLOPS per rack set earlier …

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Russian data center receives highest Uptime Institute certification for the first time

November 19, 2014

Technoserv, a leading Russian systems integrator and IT service provider since 1992, announced last week that the design of its Technopark-Mordovia data center was certified as Tier IV Fault Tolerant by the Uptime Institute, a NY-based data center researcher and consultancy. Located in Saransk some 640km east of Moscow, the data center is now Russia’s …

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National telecom operator to keep steering Russia’s e-government ship

November 19, 2014

Rostelecom, the national telecom operator, will remain fully in charge of Russia’s ambitious $150 million e-government program for at least another two years, Russian business daily Kommersant reported last week. Seven months after the operator’s contract expired, President Vladimir Putin of Russia is reported to have personally decreed the prolongation of the Cabinet’s co-funding of …

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