Startups

Siberian game publisher Questli attracts Swiss and German money

Questli, a startup from Novosibirsk, Siberia, has raised an undisclosed amount from Zurich-based venture capital firm Redalpine and individual investors from Switzerland and Germany, industry blogger Yakov Sadchikov reported yesterday. Questli’s award-winning treasure hunting games combine crowd-sourced quests, location-based services and couponing. Founded by Danila Kozyatnikov in April 2011, the startup initially received CHF 200,000, …

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St. Peterburg startup aims to set a new global standard for online résumés

Created from the ground up less than half a year ago, ResumUp has suddenly assumed a presence on the Russian startup scene. From a “pretty obvious idea” – building infographic résumés using data from social media profiles – ResumUp aims at no less than “setting a new standard in career management, online and social recruiting,” …

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Ecwid completes first venture funding from Runa Capital, announces Silicon Valley, London presence

Mountain View, CA – Ecwid Inc., producer of the world’s first platform-neutral, drop-in store builder widget – which can be easily embedded into any website, blog or social network page in minutes – has announced its Series A round of venture funding and the planned opening of its first United States and United Kingdom offices. Ecwid is based …

Ecwid completes first venture funding from Runa Capital, announces Silicon Valley, London presence Read More

Mobile app builder, cloud based data backup solution and e-commerce delivery startup honored at Startup of the Year contest

One of the Russia’s most anticipated nationwide startup contests, Startup of the Year held court with a swarm of young entrepreneurs, concepts and high tech demonstrations last Thursday on the campus of the Moscow Higher School of Economics (HSE). The annual event takes place every December and is organized by HSE business incubator HSE Inc.

DST’s Yuri Milner and Vkontakte’s Pavel Durov team up to support Russian startups

Yuri Milner, founder of Russia’s leading Internet investment fund DST Global, and Pavel Durov, founder of Vkontakte.ru, the country’s most popular social network, launched Start Fellows last week, a joint grant project offering funds for newly minted Russian startups. Applications can be made online for qualifying startup projects to receive grants as large as $25,000. The …

DST’s Yuri Milner and Vkontakte’s Pavel Durov team up to support Russian startups Read More

RTP Ventures announces four new investments in US startups

RTP Ventures, the recently created US arm of the Russian venture fund Ru-Net, announced yesterday it made no less than four investments in the last two months, including two infusions of seed funding and two Series A investments. RTP Ventures invested in Tinfoil Security, a website security solution provider, Cake Health, which offers solutions to …

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Sport and leisure retailer Heverest.ru raises $1.3 million

Heverest.ru, an online retailer of sports and recreational equipment, has attracted a $1.3 million investment from Rollingahead Ltd. and eVenture Capital Partners. The deal brings the current total amount invested in this startup to $2.2 million. Heverest.ru was launched in June of this year by Fast Lane Ventures, a Western-style startup incubator operating in Russia. …

Sport and leisure retailer Heverest.ru raises $1.3 million Read More

French and UK mobile startups find clients and investors in Russia

Is Russia set to be the next Eldorado for Western startups? As Russia emerges as a new hot spot on the global IT scene, companies have begun seeking new partners, clients and even investors. Among them is Capptain, a Paris based startup with solutions allowing mobile app and game developers to manage and serve their …

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Russian funds assert themselves on the international venture scene

Ru-Net, a major Moscow based venture fund, launched the American arm of its activity last month by establishing RTP Ventures, making its $700 million under management available to US Internet, SaaS and cloud computing companies. A few weeks earlier, the fund had participated in a $60 million round of financing – along with German based Rebate Networks …

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Efim Voinov, designer of Cut The Rope: “You will soon see Om Nom in smart TVs, tablets, toys and t-shirts on a global scale”

With more than 60 million downloads to date across all platforms, Cut The Rope is one the biggest international successes in mobile games. In March of 2011, Cut The Rope was lauded at the 7th British Academy Video Games Awards in the Hand-held game category. In June, it won an Apple Design Award for the …

Efim Voinov, designer of Cut The Rope: “You will soon see Om Nom in smart TVs, tablets, toys and t-shirts on a global scale” Read More

Top ten Russian mobile apps and games

Ever wanted to make millions sifting sand on the virtual sea-shore? To have your very own smart and sensual virtual assistant to do your bidding over your mobile phone? Or to enjoy discounts at dozens of Moscow cafés, shops and malls? East-West Digital News has selected ten of our favorite mobile apps designed and produced …

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