Software

Ukrainian-Russian startup YouScan acquires BrandSpotter

March 16, 2018

On Wednesday YouScan, a social media software startup with Ukrainian and Russian roots, announced the acquisition of BrandSpotter, a leading social media monitoring service in Russian-speaking countries. The parties did not specify the amount of the deal, but announced that the BrandSpotter technology and trademark have been transfered to YouScan. YouScan helps businesses monitor, analyze and compare …

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Russian, Saudi Arabian and Australian scientists release new software to radically improve oil extraction efficiency

March 15, 2018

Scientists from the Russian Academy of Sciences and Moscow State University have developed a software that calculates the permeability of 3D models of geological formations. The program, designed with support from Saudi Arabian and Australian research institutions, allows for a dramatic improvement in the efficiency of the exploitation of hydrocarbon deposits. . The software takes …

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Russian 3D foot scanner secures €600,000 from local and international investors

March 16, 2018

Earlier this month Russian startup Try.fit attracted €600,000 in a pre-A round at a  €8 million pre-money valuation. The deal was confirmed to East-West Digital News by Vagan Martirosyan, Try.fit’s CEO and founder. Paricipants in the deal included existing investors Futurtech Middle East, 1С – a leading enterprise software publisher in Russia, – business angel …

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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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How a Soviet-born engineer decided to create “the Android of IoT”

December 28, 2017

Rightech, a Moscow-based startup, is working on developing a platform for Internet of Things, which it hopes will become some kind of “Android of IoT”. Currently, Rightech provides IoT services, such as data storage, processing and transfer, as part of its IoT Cloud. This platform allows programmers to develop and modify IoT applications without even …

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Sberbank invests in VisionLabs to build “unique biometric identifier”

December 15, 2021

Last week Sberbank, Russia’s national savings bank, announced an investment in VisionLabs, a Russian startup specializing in facial recognition, data analysis and robotics. The deal, the terms of which remain undisclosed, aims to support VisionLabs’ expansion on the international markets, including Europe, the USA and Asia. Sberbank has acquired a 25.07% stake, the remaining shares belonging to …

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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 game streaming startup raises $1.3 million in pre-ICO, Oculus co-founder joins as advisor

December 1, 2017

Playkey, a Russian startup whose technology allows users to play the latest video games on low-performance computers, has already secured $1.3 million in its ongoing pre-ICO campaign. The news was reported last week by Russian online publication Firrma.ru. The fund were brought by US-based fund Uncharted Capital (Playkey has managed to secure some $300,000 from …

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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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