The leading Russian search engine and portal Yandex has been listed among 39 visionary companies by the World Economic Forum.
The Technology Pioneers 2008 were nominated by the world’s leading venture capital and technology companies. The final selection from 225 nominees was made by a panel of leading technology experts appointed by the World Economic Forum.
The U.S.-based companies dominate the list with 23 companies selected. Israel and the U.K. each boast three companies; Sweden and Switzerland – two ones; while Canada, France, Germany, India, the Netherlands, and Russia – one each.
Technology Pioneers 2008 were nominated in three categories: Energy/Environment, Biotechnology/Health, and Information Technology. Please see the complete list of Technology Pioneers 2008.
The Yandex search engine was launched in September 1997. The Baring Vostok Capital Partners-led consortium invested $5.3 million for a 35.7% stake in Yandex in April 2000.