Russia’s leading online shoe retailer Sapato.ru announced today that it has raised $12 million in a third round of financing. Intel Capital, Intel’s global investment fund, led the investment round along with earlier investors in the project – Direct Group, a Western investment company operating in Moscow through its incubator FastLane, eVenture Capital Partners, the …
Microsoft has denied any intention to hand over Skype encryption algorithms to the FSB, Russia’s Security Service. At a press conference held yesterday morning, Microsoft’s representative in Russia, Nikolai Pryanishnikov, made an ambiguous statement about such a possibility, saying “I would be glad to do it” after Skype is integrated into the company, reported several …
Microsoft waffles, then denies offering Skype encryption code to FSB Read More
Trend Micro, a security solutions provider headquartered in Tokyo, announced that it has received a certificate for its Enterprise Security 10.0 software suite from Russia’s Federal Service for Technical and Export Control (FSTEC), as reported earlier this week by IKS Consulting, a firm studying the Russian IT and telecom markets.
Russia’s national long distance carrier and leading telecom group Rostelecom has wrapped up a deal with its Chinese peer China Telecom to expand the capacity of the Transit Europe-Asia (TEA) system, Rostelecom reported in a press statement on Monday.
Founders Bootcamp, a four day intensive training program for Russian startups, took place June 2–5 at the Moscow State University Science Park. More than 60 startup teams gathered to discuss their projects with business angels and venture capitalists from the US and Russia.
Mail.ru Group, a leading player on the Russian Internet market, has just launched two new services on its top two web properties: a real-time news and blog search on its Mail.ru portal and a streaming audio and sharing application on its Odnoklassniki.ru social network.
The Organization for Economic Co-operation and Development report on Russia, published on June 6, urges the Russian government to step up protection of intellectual property rights, strengthen competition and invest more in research and development to boost innovation and entrepreneurship across the economy.
Russia’s state-own nanotechnology corporation Rusnano and US technology company Intel have opened a training school “Innovation and Entrepreneurship in High Technologies Sector” in Izhevsk, Republic of Udmurtia, Rusnano reports. The three-day training goal is to teach innovation entrepreneurship, project management and key aspects of creating scientific goods and services in demand to local specialists.
Leading Russian and international telecom group VimpelCom intends to build an innovation technical center in Yaroslavl region’s Novoselki industrial park, Interfax reports.
Microsoft is ready to invest some $10 million into 100 Russian startup companies over a 10-year period, the president of Microsoft Russia Nikolya Pryanishnikov told RBC, a Russian news agency yesterday. “Our experience is that investment into a single startup should total between $50,000 and $500,000 with an average of $100,000,” Pryanishnikov explained. According to …
Microsoft to distribute $10 million among 100 Russian startups over 10 years Read More
MTS, a leading NYSE listed mobile operator in Russia, will invest over 600 million rubles ($30 million) in a unified system for monitoring and quality control of MTS services, the company reported in a news release on Monday. The management solution for the new system will be provided by Krakow-based firm Comarch.
Moscow based web consulting firm Ashmanov & partners, together with leading Russian financial group Finam and lesser known Kazakhstani real estate developer Kusto, are set to enter the Vietnamese web search market by October, Russian business daily Kommersant wrote on Monday, citing sources close to partners in the venture. The project could receive “several hundred …
Russian firms Ashmanov and Finam to chase Google in Vietnam Read More
