Enterprise software

American-Russian web server publisher Nginx secures $43 million from Goldman Sachs

March 12, 2019

Yesterday Nginx (pronounced “engine-x”), a US-based open source web server publisher with Russian origins, announced a  $43 million Series C round led by Goldman Sachs Growth Equity. Ngnix’s founder, Igor Sysoev, is a former system administrator at Rambler, a pioneer Russian web company. He initially released his server software in 2004 and has been developing his web server solution since …

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Russia’s Softline acquires stake in Norwegian Crayon

June 14, 2018

Softline, a Moscow-based international software licensor and IT service provider, has acquired a minority stake in its Norwegian IT counterpart Crayon, the company announced earlier this month. Although the amount of the deal has not been disclosed, Russian business daily Vedomosti reports that Softline may have put around $12 million on the table to acquire …

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Sistema VC leads $2.5 million round for US-Russian startup TraceAir

May 21, 2018

Sistema VC, the venture arm of the Russian conglomerate Sistema, led a $2.5 million pre-A round for TraceAir, a US-Russian startup which develops construction automation solutions, the fund announced last week. Other participants in the round include US companies Engeo, a provider of geotechnical and environmental services, and Independent Construction Co., which owns “one of the …

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Top global software products to be discussed at Cloud DeveloperDays (Krakow, May 28-29)

March 14, 2018

Programmers and software architects from Eastern Europe are invited to participate in the Cloud DeveloperDays conference to be held on May 28-29 in Krakow, Poland. The event is dedicated to the software  implemented or integrated with cloud platforms such as Microsoft Azure, Google Cloud, and Amazon Web Services. The event will cover a variety of …

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Russian procurement automation startup expands to Spain

November 15, 2017

MixCart.ru, a Russian startup with a B2B service for suppliers and restaurants to connect and automate their procurement processes, will enter the Spanish market. The news was reported last week by Russian online publication Firrma.ru, which cited exchanges with the company. The company is planning to expand to Indonesia, Poland and the Baltic states. Founded in 2016 …

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Kaspersky: We uploaded classifieds US documents but immediately deleted them

October 26, 2017

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 mobile operator invests $10.8 million in local retail software developer

October 18, 2017

Earlier this month Russian cell phone operator MTS acquired a majority stake (50,82%) in Oblachyi Retail (“cloud retail” in Russian) for 620 million rubles ($10.8 million at the current exchange rate). The news was reported by local online publication Firrma.ru based on its exchanges with MTS. The funding includes 30 million rubles (roughly $525,000) for debt repayment, …

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Russia’s Medme invests in Italian connected healthcare startup

October 11, 2017

Torino-based startup Biotechware has just secured €2 million euros from MEDME Group, a Russian digital health investor targeting Western Europe. Biotechware develops hardware and software solutions to collect and transfer clinical information coming from different sources without altering the information. One of these solutions has been designed to collect and process remotely electrocardiographic (ECG) monitoring …

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Russian technologies shine at SLUSH Singapore

September 27, 2017

Oz Forensics, a Russian startup developing a cutting-edge document management solution and a graduate of the GenerationS-2016 startup accelerator, has made it to the finale of the competition of this year’s edition of SLUSH Singapore. This top-tier international startup competition is being held as part of the Singapore Week of Innovation & Technology (SWITCH 2017). …

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This robot is entering the US market after automating recruitment in 220 Russian companies

September 23, 2017

Artificial intelligence tends to find applications in virtually every field today, and HR is no exception. A Russian startup called Stafory, launched two years ago with less than $10,000 in capital, has created a recruiting robot called ‘Vera’ (‘faith’ in Russian). Stafory initially developed an online platform intended for companies to interact more efficiently with …

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US senate votes to oust Kaspersky from federal use

September 27, 2017

Following a directive from the Department of Homeland Security last week banning the use of Kaspersky Lab security software in the executive branch, the U.S. Senate has followed suit. On Monday, the Senate passed an amendment against Kaspersky Lab pushed forward by New Hampshire Democrat Jeanne Shaheen. The amendment was attached to the National Defense Authorization Act (NDAA) following a …

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Russian indoor navigation startup raises $900,000 to develop across Europe and the USA

August 8, 2017

Navigine, a Russian-American startup that develops indoor navigation and tracking systems, has just raised $900,000 in funding from a pool of Russian, Finnish and US investors represented by Finnish investment firm Innovestor. Among these backers is US angel investor John Ason, who was Navigine’s mentor in a Russian accelerator program in New York last year, reports the Skolkovo …

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