Perm

Russian-founded software publisher RealtimeBoard raises $25 million in California

RealtimeBoard, a startup with Russian roots which offers a visual collaboration tool for distributed teams, has raised $25 million in California. This Series A funding round was led by Accel, with participation from existing investor AltaIR Capital, a seed stage fund with Russian and Israeli roots. Another investor in RealtimeBoard is Dutch businessman Bas Godska, …

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Fourth cohort of Volga tech projects trained in Maryland

A new group of Russian tech start-ups and university projects arrived in Maryland last week to participate in a two-week training program and meetings with potential investors and partners. This is yet another dimension to cooperation between Russia and the United States in technology innovation, an area which the Western sanctions against Russia do not …

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Russian team Brainy Studio victorious at 2014 Imagine Cup

The international final of the world’s largest student IT competition, the Imagine Cup 2014, has taken place in Seattle, organised by Microsoft. 125 students representing 34 teams from across the world battled for the prizes. The winners of the ‘Games’ category was the Russian team Brainy Studio, from Perm National Research Polytechnic University (PNRPU) with their project TurnOn. The Russian …

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Government fund RVC supports tech entrepreneurship in West Urals

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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Contactless payments take their first steps in Russia

On Wednesday, Vimpelcom, a major Russian mobile operator, announced it will deploy the NFC-based contactless payment system it implemented in St. Petersburg last year within the Moscow subway. Widespread commercial launch in Moscow is scheduled for the end of the year. While most offline and online purchases made in Russia are still paid in cash, …

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Where are the Russian technology success stories? Try looking in Perm

“Where are the Russian technology success stories?” As a foreigner, this question often sounds like an odd question.  There are many Russian success stories in the IT sector, ranging from world-class software outsourcing companies like EPAM and Luxoft, to Russian software product companies that have international success, like Kaspersky Labs, Abbyy and Parallels. However, simply …

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