Intento, a startup with Russian roots, has secured a $3 million seed round, reports CrunchBase. Konstantin Savenkov, CEO, started the Berkeley, California-based company in 2016 with Grigory Sapunov, a deep learning and artificial intelligence expert who had worked five years at Yandex. Initially, as reported by East-West Digital News, Intento positioned its solution as a new way to …
Last week Russia’s Speech Technology Center (STC) and ITMO University saw their speaker diarisation and speech recognition technology win an international contest, the CHiME Speech Separation and Recognition Challenge (CHiME-6). The technology demonstrated a superior ability to recognise English speech from multiple microphones in a natural, noisy environment. It took the first place the most difficult …
Speech recognition technology from Russia stands out at international contest Read More
Miro, a Californian startup with Russian roots previously known as RealtimeBoard, announced yesterday a $50 million Series B round. The funding came from Iconiq Capital – a Silicon Valley fund backed by such tech billionaires as Mark Zuckerberg and Jack Dorsey – with Accel and several individual investors also contributing to the round. The detail of the deal were …
A Russian-born ‘soonicorn,’ Miro raises $50 million from Silicon Valley tech billionaires Read More
Avito, the Russian online classifieds giant – which Naspers acquired in 2015-2019 for nearly $3 billion – has purchased a controlling stake (51%) in Russian software publisher MaxPoster. Operating from its Moscow and St. Petersburg offices, this company provides software solutions to estimate the value of used cars, manage classifieds to sell the cars, and …
Avito acquires controlling stake in used car software publisher Read More
Veeam Software, a global leader in cloud data management software, is to be acquired by top software investor Insight Partners. The deal, which values Veeam at “approximately $5 billion,” is expected to be closed in March. “Veeam has enjoyed rapid global growth over the last decade and we see tremendous opportunity for future growth, particularly …
Russian-founded Veeam Software sold for $5 billion to major US investor Read More
Last week Voximplant, a US-headquarter provider of innovative CRM solutions, announced it raised $10 million from Baring Vostok and RTP Ventures. Baring Vostok is the leading Russian PE and VC firm, which sadly made the headlines this year with the arrest of its US founder Michael Calvey in Moscow. The RTP Ventures fund is a …
Next-gen Russian CRM technology backed by major funds to conquer US market Read More
Elbrus Capital and Guard Capital have invested $10 million in YClients, a Russian online appointment and automation platform, in exchange for a minority stake. No further details about the deal were disclosed, but an industry insider told the business daily Kommersant that the company might have been valued in the range of $40 million. Founded in 2015 …
Online appointment platform YClients secures $10 million from major Russian investors Read More
Last week in Moscow an unexpected criminal case tarnished one of Russia’s best tech success stories – that of Nginx, the world’s most popular web server, which was sold to a US industry giant 15 years after being created by an obscure Russian system administrator. On Thursday, December 12, law enforcement raided the company’s Moscow office. Armed …
Rambler triggers criminal case against Nginx over IP rights, then steps back Read More
As reported last week, Runa Capital, an international VC firm with Russian roots, has teamed up with UK-based Notion capital to inject $7 million into Forest Admin. This French startup, founded in 2017, has designed an “off-the-shelf admin panel based on a highly-extensible API” in simpler words, an admin interface that helps manage customer data …
Notion Capital and Runa Capital team up to back French IT development tool provider Read More
Officials in Moscow have spent the last few years methodically assembling one of the most comprehensive video-surveillance operations in the world. The public-private network of as many as 200,000 cameras records 1.5 billion hours of footage a year that can be accessed by 16,000 government employees, intelligence officers and law-enforcement personnel. Now the entire system …
The annual Autodesk University Russia 2019 conference will take place on October 2-3 in Skolkovo, the international tech hub on the outskirts of Moscow. The event is dedicated to digitalization of construction and manufacturing using the most advanced technologies. Iconic Russian projects in BIM will be featured as well as the technical, business and legal aspects …
China’s Huawei has begun talks with Russia about installing Russian operating system (OS) Aurora on 360,000 of its tablets to conduct Russia’s population census next year, two sources told Reuters. Huawei has been seeking alternative operating systems to Google’s Android OS after Washington put the world’s second-largest smartphone maker on a so-called Entity List that …
