Surfingbird.ru, the first collaborative content discovery service on the Russian-language Internet, raised $2.5 million last month from Russian and French business angels. The deal brought the startup’s valuation to just under $2.5 million, a source close to the deal told East-West Digital News.
Senior Russian and Singaporean representatives meeting at bilateral commission in Moscow on Tuesday have agreed to develop cooperation in the information technology sector – in particular in the sphere of personal data security.
Mosventure, a fund owned by the Moscow city administration and focused on small and medium sized scientific and technical projects, plans to support up to 70 projects before the end of the year. These plans were announced last week by the fund’s executive director Alexey Kostrov in an interview with Russian news agency RIA Novosti.
Two weeks after Foursquare made available a Russian version of its service – along with versions in Bahasa Indonesian, Korean, Portuguese, and Thai – a powerful Russian media group, RBC, announced it has invested $1 million in Ogorod.ru, one of the two best-known local services inspired by the Foursquare concept.
Fiber-optic telecommunication provider Transtelecom (TTK) won 20 of 24 wireless Internet licenses last week in three tenders organized by Russian telecom regulator Roskomnadzor.
Private equity fund CapMan Russia announced last week that it has made its first investment ever in a telecom asset. The CapMan fund bought a 20% stake in Siberian Networks, one of the leading ISPs in Western Siberia, and the fund plans to raise its share to a blocking stake in the coming months.
Russian national telecom operator Rostelecom has increased its stake in regional operator Orenburg GSM from 51% to 100%, news agency RIA Novosti reported last week. The remaining 49% stake was sold for $4 million by Samara based operator SMARTS.
The website of the Russian Embassy in London was knocked offline on Sunday by UK-based protestors objecting to a visit to Russia by the British prime minister, David Cameron. The Russian Embassy site was brought down by a distributed denial of service (DDoS) attack in protest at the first trip to Russia by a British leader …
MJ Group, a newly formed Vietnamese Internet player, announced last Friday it raised $60 million from national fund IDG Ventures as well as from Rebate Networks, a German investment company, and Ru-Net, a major Russian fund. MJ Group is the result of a merger of four local Vietnamese Internet companies – e-commerce site Nhommua, location …
Germany’s Rebate Networks and Russia’s Ru-Net invest heavily in Vietnamese e-commerce Read More
Moscow based Group-IB, a provider of cybercrime investigative and forensic services, announced last week that it has opened its first overseas office in New York. The new office will be responsible for company’s expansion into the North American market.
Tvigle.ru, a major Russian video entertainment portal on the Russian Internet, closed a capital increase operation last week with PromSvyazCapital, the investment arm of PromSvyazBank, a leading Russian bank. PromSvyazCapital acquired a 27.7% stake for approximately $8 million, a source close to the deal told East-West Digital News.
Softline Venture Partners announced earlier this week it has invested $500,000 in Copiny, a developer of Saas-based social CRM solutions. The fund received a 25.1% stake in exchange for the investment, Copiny General manager Dmitry Chistov told East-West Digital News. Copiny was founded just one year ago by a group of programmers from Bryansk, 379 kilometers …
Social CRM solution startup raises $500,000 from Softline Venture Partners Read More
