Archives for November 2010
Files under: News, Web 2.0
Posted by: admin @ 05:33 [29. 11. 10]
The leading Russian search engine Yandex could do a London IPO in early 2011. Yandex IPO could be valued at over $1.5 billion (GBP 1 billion), according to Reuters. This month, Russia’s leading online company, Mail.ru Group‘ IPO raised $1 billion in London. Launched in 1997, Yandex’ search share in Russia reached over 64% in [...]
Files under: Mobile, Tech, Web 2.0
Posted by: admin @ 11:05 [24. 11. 10]
The mobile Internet usage is exploding in Russia. There are over 30 million internet-enabled mobile phones currently used in the country. So, venture capital firms are seeking for the next “killer” mobile application. Runa Capital, early-stage venture capital firm that was recently created by Parallels and Acronis founder Serguei Beloussov and Almaz Capital Partners founder [...]
Files under: Enterprise, News, Tech
Posted by: admin @ 08:38 [17. 11. 10]
The hydrocarbon reservoir simulation software vendor, Moscow-based Rock Flow Dynamics has raised $2 million from Intel Capital. The funds will be used to set up an office in Houston, USA and expand sales and marketing globally. Founded in 2005, Rock Flow Dynamics offers high performance modeling software to simulate fluid and gas filtration dynamics of [...]
Files under: News, Web 2.0
Posted by: admin @ 17:16 [15. 11. 10]
Russia’s leading online classifieds site Avito.ru has raised $26 million from Investment AB Kinnevik and Northzone Ventures of Sweden. Kinnevik contributed $21 million of the funding round. Technology investment bank GP Bullhound advised Avito.ru on the transaction, the largest in Russian e-commerce in 2010. Launched in October 2007, Avito.ru has 7 million unique monthly visitors. [...]
Files under: News, Web 2.0
Posted by: admin @ 04:00 [13. 11. 10]
// The Russian online footwear store Sapato.ru has raised $5 million in second funding round from German Otto Group-backed eVenture Capital Partners, Investment AB Kinnevik of Sweden and Direct Group of Pascal Clement. The new funds will be used to increase assortment of the online shoe store and imrove customer service. Launched in June 2010, [...]
Files under: News, Tech
Posted by: admin @ 16:29 [12. 11. 10]
Leading global IT security software vendor Kaspersky Lab has become a sponsor of Scuderia Ferrari F1 Team. The sponsorship will cover the 2011 and 2012 seasons of F1 championships. The Kaspersky Lab logo, which will be located on the nose on the Scuderia Ferrari Marlboro cars, will be visible as from the final F1 Grand [...]
Files under: News, Web 2.0
Posted by: admin @ 04:53 [12. 11. 10]
Russian Internet enterpreneur Andrey Andreev, who created Russia’s leading online dating service Mamba, is aiming for a billion for his global social networking and dating service Badoo, according to site Forbes.ru. Badoo that shall generate revenues in the range of $200 million this year is preparing for IPO, the site says. Andrei Andreev, who sold [...]
Files under: Mobile, News, Tech
Posted by: admin @ 06:41 [11. 11. 10]
The largest Russian mobile phone retail chain Euroset, which plans IPO in London in 2011, is selecting IPO managers, reported newspaper Vedomosti. The company, which may sell up to 30% of its shares, could be valued at over $2 billion. Founded in 1997, Euroset is 50.1% owned by Russian investor and entrepreneur Alexander Mamut. Russia’s [...]
Files under: News, Tech
Posted by: admin @ 05:42 [11. 11. 10]
The Russian sports car maker Marussia Motors has acquired a significant shareholding in the Virgin Racing F1 team, MaRussia announced. Marussia first became a partner of the Virgin Racing team of Sir Richard Branson in December 2009. Marussia, which is now a majority shareholder in Virgin Racing, bought out a stake from LDC, the private [...]
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