Enterprise software

Russian biotech company opens office in Munich to expand international operations

July 4, 2017 July 4, 2017

Data Matrix, a Russian provider of software, data management and biostatistics services for clinical trials, has opened an office in Munich and joined the Bavarian biotech cluster. The move will allow the St. Petersburg-based company to expand its activities and launch its newest products on the European market. Data Matrix also hopes to find partners among …

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Moscow entrepreneur launches ad exchange for voice-activated ads in Silicon Valley

June 28, 2017 June 28, 2017

Earlier this month Instreamatic.ai, a digital voice-activated advertising platform based in San Francisco, but with Russian roots, launched an advanced programmatic buying product. Its core feature is the ability to engage with users in the form of a dialogue. What’s more, Insteamatic.ai’s technology connects publishers to the fast-emerging market of voice-controlled devices and services. The …

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How 1C has become Russia’s number 2 enterprise software publisher

June 15, 2017 June 15, 2017

Bloomberg reporters Ilya Khrennikov and Alexander Sazonov offer a portrait of Boris Nuraliev, who “basically created an entire industry” by founding and developing 1C. Launched 26 years ago, this company has become a leading seller of enterprise accounting program in Russia. “The economic downturn of 2014 kick-started sales among bigger customers, who sought to cut costs …

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Runa Capital invests in French startup SimpliField to “reinvent retail”

June 9, 2017 June 12, 2017

Runa Capital, a venture fund with Russian roots operating globally, has just participated in a $4 million seed round for SimpliField. Based in Lille and Paris, France, this startup has developed a SaaS solution which it claims can change “the way retailers sell and deliver great customer experience.” The French investment fund CapHorn also took …

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Corporate fund Lanit Ventures invests across the IT spectrum

May 8, 2017 May 8, 2017

Lanit Ventures, a $10 million VC fund set up last year as part of the Lanit group, is actively supporting start-up teams in a variety of fields, Kommersant reported last week. According to the business daily, the new fund is backed by the shareholders of Lanit, a major systems integrator established as early as 1989. The new fund …

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3D modelling app maker GeoCV secures $1.8 million from Runa Capital and Emery Capital

April 19, 2017 April 19, 2017

GeoCV, a New York-headquartered startup with Russian roots, has secured $1.8 million from Runa Capital, a venture fund with Russian roots operating globally, its existing investor Moscow-based fund Emery Capital, and several US business angels. The funds will be used to develop the product and develop sales in the US market. “Our goal is to become …

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Russian sovereign fund RDIF invests in enterprise security software provider InfoWatch

April 4, 2017 April 5, 2017

Russia’s sovereign fund RDIF has acquired a minority stake in InfoWatch Group, which includes InfoWatch, Cezurity, Taiga and Attack Killer brands. InfoWatch is a leading Russian vendor of end-to-end enterprise cybersecurity solutions. The company is worth more than $100 million, according to its President Natalya Kaspersky. The funding will help InfoWatch Group “improve the export potential, localize its enterprise cybersecurity …

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Leta Capital injects $1 million in SDN/NFV solution provider Brain4Net

March 31, 2017 April 3, 2017

Leta Capital has injected an aditionnal $1 million in Brain4Net, a provider of advanced SDN/NFV solutions, following a previous $1.75 million round last year with co-investor CommIT Capital. The funding, which took the form of a convertible loan, will be used to fine-tune the company’s solutions, develop new products, and enlarge partnerships in Russia and abroad, reports …

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Yandex’s ‘Extract’ is an AI-based solution for business to track of business critical information

December 26, 2016 August 16, 2017

Earlier this month Yandex Data Factory, a division of the Russian search giant, unveiled ‘Extract,’ a new solution to search and track of business-critical information. One of Extract’s first use case involves Russia’s central bank, which needs to find all cash-loan providers represented online in order to check their compliance with regulations. To address this needs, …

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