Search Results for: ryabenkiy

Context ads managing service ReachLocal enters Russian market

The US-based Internet company ReachLocal, which specializes in context advertising tools, has launched a Russian subsidiary, Digit.ru reported this Monday. In its first year on the Russian market the company expects to post €10 million in revenue, said Nataliya Matusova, general manager of ReachLocal’s Russian branch, at a press-conference in Moscow. Although its Moscow subsidiary was …

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HSE-backed startup Hiconversion lands $300,000 in funding

Moscow-based social network advertising platform Hiconversion announced last week that it has received about 9.1 million rubles (almost $300,000) in seed funding from serial angel investor Igor Ryabenkiy and the Moscow Seed Fund, Moscow City’s venture investment arm. Ryabenkiy contributed some 3 million rubles, while the fund provided the other 6 million. The company’s total …

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Moscow Seed Fund and Igor Ryabenkiy invest in social shopping advisor

SocialMart, a two-year-old Russian product recommendation service for social networks, raised an as yet unspecified amount of investment in late April from Moscow Seed Fund, Moscow City’s venture arm, and Igor Ryabenkiy, a serial Russian angel investor. Ryabenkiy already backed the Moscow-based startup last fall in SocialMart’s seed round. That investment helped the company further …

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Moscow Seed Fund and angel investor Igor Ryabenkiy back contextual ad solution provider

Last week the Moscow Seed Fund, Moscow City’s venture investment arm, announced an investment of an undisclosed amount in Alytics, a startup developing contextual ad solutions “to optimize conversion rates and save on advertising budgets.” Igor Ryabenkiy, one of the twelve partnering investors that the municipal fund picked up last year, also took part in the …

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Moscow startup Gfranq turns amateurs into professional photographers

Gfranq, a photo editing site launched just four months ago, is getting strong traction among amateur photographers, with more than 100,000 users in its first three months. Gfranq’s idea is to provide a simple, yet poweful image processing service to the average online user who has no knowledge of complex image processing software, allowing the …

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Moscow city’s seed fund teams up with VCs and angels to support innovation

The Moscow Seed Fund, a fund set up by the Moscow government to promote venture investment in local startups, announced earlier this month its decision to provide loans to innovative companies co-invested in by venture funds and business angels. A list of 12 such co-investors, picked on a tender basis, was approved by the fund. …

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LinguaLeo raises $3 million, fulfills “American dream”

LinguaLeo, a Russian startup with a web service that teaches English using popular TV serials, books and contextual dialogues, has just secured $3 million from Runa Capital, a major Moscow-based venture fund. The site now serves 1.5 million registered users, of which 40,000 are paid subscribers, LinguaLeo founder Aynur Abdulnasyrov told East-West Digital News.

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