Fresh Solutions, a St. Petersburg-based publisher of cloud-based CRM solutions, has secured 37 million rubles (a little more than $1.1 million) from Imperious Group. The startup was valued at $6 million pre-money, East-West Digital News learned from the press service of Ingria, the major St. Petersburg technopark that incubates the startup. Founded in 2011, Fresh …
Ascon, an innovation company from Nizhny Novgorod in the mid-Volga area, has designed a new 3D technology that helps users prevent leaks of confidential design information at R&D companies. Ascon develops integrated solutions for design and engineering automation and production control. Rostech and Rosatom, two major Russian government-owned corporations, are in talks with the developer …
3D technology from Nizhny Novgorod to prevent design data leaks Read More
Last week Maxfield Capital, a Moscow-based $100 million venture fund, and Altair, the investment vehicle of serial business angel Igor Ryabenkiy, announced a seed-stage investment in Qbaka, an award-winning startup developing a solution to track JavaScript errors on web services. The round amounted to $200,000, but may be completed with other investors, Qbaka’s co-founder Andrey …
The ninth annual Electronic Commerce conference will be held on October 10 and 11 in Moscow at the Radisson Slavyanskaya hotel. This event is one of the largest professional conferences on e-commerce, online sales and multi-channel commerce in Russia and the CIS. The conference program features more than 80 speakers, numerous round tables, and an …
Kendrick D. White, an American entrepreneur and the founder of Nizhny Novgorod-based Marchmont Capital Partners, has been recently appointed vice rector for innovation policy at the Lobachevsky State University of Nizhny Novgorod (UNN). While many foreigners are advisors to Russian academic administrations or join project teams in Russian universities, Kendrick appears to be one of …
The Supercomputer Center in Novosibirsk’s Academgorodok, in Siberia, helps solve a wide range of research problems, from genetics to geophysics, portal RF Science and Technology reported. Set up more than ten years ago, the Center has had its peak capacity boosted since 2009 from 7.1 teraflops to 116 teraflops. Plans are to further increase it …
Novosibirsk’s Supercomputer Center helps geneticists and geophysicists alike Read More
Whether you live in the US, Europe, or Russia, several major events in the coming weeks will provide you with unique opportunities to get acquainted with the latest of Russian high tech and entrepreneurship: The Russian Innovation Week next week in Boston and San Francisco; StartupMonthly events in Moscow on Sept. 22, 23 and 28; IDCEE …
In late August, the Moscow Innovation Development Center (IDC), an agency established last year by the Moscow government to foster high tech sectors in the capital, launched its first incubator, christened “API Moscow.” Located in Digital October, a major tech event venue in Moscow’s center, the incubator already hosts no fewer than 30 startups, providing them with infrastructure …
Moscow City launches investor-friendly startup incubator Read More
On September 26-27 in Moscow, the Association of Regional Banks of Russia (ASROS) and Finance Media will organize the 8th annual “Bank Cards and Payment Technologies 2013” conference in partnership with East-West Digital News. For the past seven years, the conference has asserted itself as a leading event on the bank card business and non-cash payment …
The Foxconn factory near St. Petersburg has begun production of Hewlett-Packard (HP) All-in-One PCs, an HP representative told Vedomosti. The All-in-One PC is a type of computer in which the monitor is united with the processor, motherboard, hard drive and other components. In early 2013, Russia imposed 10-percent import duties on desktop PCs and monoblocks, …
Moscow’s pay TV market grew to 5.3 million subscribers in the first half of this year, exceeding by 700,000 the total number of apartments and private houses in the Russian capital. iKS-Consulting, a consulting and research company specializing in the telecom market in Russia and the CIS, shared these key results of its yet-unpublished study …
Moscow’s pay TV outstrips broadband market as subscribers tap multiple TV operators Read More
Agelon, an online Russian research service for high-precision marketing surveys, announced last month that it has raised 11 million rubles (about $330,000) in its most recent round of funding led by the Moscow Seed Fund, the City of Moscow’s venture investment arm. The other member of the investor consortium is the Innovation Laboratory, a Moscow-based …
Moscow investors pump $330,000 into Agelon’s high-tech marketing tool Read More
