nScaled, a provider of cloud-based Recovery-as-a-Service (RaaS) solutions, announced yesterday that it has completed a Series A round of financing, securing $7 million from Almaz Capital, one of the best established Russian venture funds, and Doughty Hanson Technology Ventures, an international investment company, as well as from leading Silicon Valley angel investors.
Online advertising spending surpassed print advertising for the first time in 2011, the Russian Association of Communication Agencies (AKAR) annnouced in its annual report, published this week. According to the report, the Russian online advertising market reached $1.4 billion, up 56% from 2010, demonstrating the fastest growth among the different segments of the market. In …
Online outran print on advertising revenues, up 56% in 2011 Read More
MTS, a major Russian mobile operator, and Rostelecom, the national telecom operator, have agreed to share part of their network infrastructure, including towers (antenna masts) and optical fiber cables, reported Russian business daily Vedomosti. Rostelecom has the largest network infrastructure in Russia, extending about 500,000 km, or 310,685 miles, covering even remote and underdeveloped territories …
MTS and Rostelecom to share network infrastructure Read More
Transtelecom, or TTK, has purchased 100% of the shares of Electro-Com, an Internet provider working under the Spark brand, Telecom Daily reported earlier this week. The deal will reinforce TTK’s positions in the broadband Internet access markets of Rostov-on-Don, Ryazan, Taganrog, Volgodonsk, and Kaluga. It will also introduce TTK to the Tula, Krasnodar, Bryansk and …
Transtelecom acquires regional Internet provider Electro-Com Read More
Scartel, the Russian WiMAX provider operating under the Yota brand, plans to offer voice services in the near future as a logical consequence of its switch to LTE. The company has just obtained a license for such services and another one to operate as an MVNO. Scartel is in discussions with Megafon, a major mobile operator, …
In a new move to enhance social networking searches, yesterday Yandex announced it made a deal with Twitter to make available the full feed of all public tweets – a ‘firehose’ of data – to its users. Twitter posts will be available to Yandex users almost instantly, covering users who tweet in Russian, Ukrainian, Belorussian …
Prostor Capital, a fund co-created in 2011 by former Russian telecom minister Leonid Reiman, announced last week the investment of an undisclosed sum in Dulton Media. Focusing on online video solutions, Dulton is developing such projects as YaTV, a video broadcasting and video on demand service, and Eagle.Platform, a platform for creation and monetization of …
Reiman’s Prostor Capital invests in video-focused Dulton Read More
Last week, the St. Petersburg Arbitration Court offered long-awaited explanations about the decision it issued in January of last year regarding an alleged copyright infringement involving Vkontakte.ru, the leading social network in Russia. The Gala Records record label had accused Vkontakte of having illegally offered online copyrighted recordings by the Russian band ‘Infinity’. Vkontakte claimed …
Vkontakte.ru too “passive” with copyright infringement, says arbitration court Read More
From Feb. 28 to Mar. 2, each of the 12 sessions of the legendary TED conference held annually in Long Beach, California, will be broadcast live in Moscow at MOD Design, a platform for contemporary design and innovation located in the center of town. Among other features, the TED 2012 Full Spectrum event will include a …
The invest abroad trend among Russian financial institutions was demonstrated again yesterday by a $7.5 million capital injection in Eccentex, a California-based cloud computing solutions provider for dynamic case management. The round of financing was led by VTB Capital, the investment arm of VTB Group, a leading Russian state-controlled financial group. Neither the terms of the …
US cloud computing firm gets $7.5 million from VTB Capital Read More
Russian search giant Yandex introduced the beta version of a new search service yesterday, displaying search results from social network content in a more ordered and convenient way – and a step ahead of Google’s. As before, Yandex’s search results display the public profiles of people with accounts on the country’s popular social networks, from …
InPost, a Polish operator of postboxes for parcel delivery, Qiwi, the famous Russian payment operator, and iTech Capital, a Russian venture fund, are deploying a network of self-pickup points to deliver parcels from distance selling and e-commerce companies. The network, named Qiwi Post, started operating in early February with 15 locations in Moscow, nearby malls, …
Poland’s InPost and Russia’s Qiwi launch postbox network for parcel delivery Read More
