Software

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

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 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

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

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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