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Archives for March 2011

Quintura Search Apps Available on Amazon Appstore for Android

Files under: Mobile, News, Quintura Search, Tech, Web 2.0
Posted by: admin @ 23:00 [31. 03. 11]

The Quintura search apps have been included in the Amazon Appstore for Android. Quintura offers recipe search (Q Cook), web and image search (Q Search) and kids-friendly search (Q Kids) apps for Android devices. From product description of Q Search on Amazon Appstore: “Q Search is visual search engine designed for Androids and tablets. With [...]

DST Global Launches DST Global 2; Invests in Spotify and Chinese 360buy.com

Files under: News
Posted by: admin @ 05:29 [30. 03. 11]

Yuri Milner‘s  DST Global, which has made investments in Facebook, Zynga and Groupon, has launched a new fund, DST Global – 2 that will have international investors as limited partners. DST Global – 2 will invest in later stage, high growth companies, reported newspaper Vedomosti. Its first investment was one in Groupon in January 2011. [...]

Lotus Renault GP Vitaly Petrov First Podium F1 Grand Prix Finish

Files under: News
Posted by: admin @ 02:12 [27. 03. 11]

The Russian race driver Vitaly Petrov (Виталий Петров) who was the “Rookie of the Year” in Formula 1 in 2010 has become the first-ever Russian to take podium in F1 Grand Prix. The team Lotus Renault GP driver Vitaly Petrov finished third in 2011 Formula One Quantas Australian Grand Prix in Melbourne on March 27, [...]

RUSNANO to Invest $4.5 Million in BiOptix Diagnostics

Files under: News, Tech
Posted by: admin @ 10:13 [25. 03. 11]

The Russian Corporation of Nanotechnologies (RUSNANO) has made its second investment abroad after Plastic Logic. RUSNANO led $9 million Series B funding for Boulder, Colorado-based BiOptix Diagnostics by investing $4.5 million in the round. Other investors included Boulder Ventures, Peierls Foundation, and several private investors. Founded in 2003, BiOptix Diagnostics makes label-free biodetectors. Its bio-nanosensors [...]

Russian Online Coupon Service Biglion Funded by ru-Net

Files under: News, Web 2.0
Posted by: admin @ 02:02 [25. 03. 11]

The venture capital vehicle of Leonid Boguslavsky called ru-Net II has invested in online coupon service Biglion. Yet another Groupon copycat joined a list of recently-funded Russian discount purchasing services such as  Vigoda.ru, KupiBonus.ru and Darberry.ru (now Groupon Russia). Launched in March 2010, Biglion.ru offers daily coupons for local merchant services in major Russian cities. [...]

Leader-Innovations Invest in WebMediaGroup Zoomby.ru

Files under: News, Web 2.0
Posted by: admin @ 03:15 [23. 03. 11]

The Russian venture capital firm Leader-Innovations has invested in WebMediaGroup online media company. Leader-Innovations and Gazrombank acquired a 30% stake in online media projects of WebMediaGroup. The investement was made at a valuation of between $10 million and $20 million, according to newspaper Vedomosti. The new money will be invested into WebMediaGroup online media projects [...]

Android Market statistics: See Devices and Countries for Quintura Cook installs

Files under: News, Quintura Search, Tech
Posted by: admin @ 16:13 [21. 03. 11]

// With Android app stores launched by Amazon, Vodafone, MTS and others, Android Market statistics for your apps is becoming very important. The statistics of Android Market is now being updated daily with information on installs, OS versions, devices, countries and languages. Top devices for Quintura recipe search app, Quintura Cook, are Motorola Droid X [...]

Online Coupon Service Vigoda.ru Raises $6 Million from Access Industries

Files under: News
Posted by: admin @ 02:38 [14. 03. 11]

Industrial group Access Industries of Len Blavatnik has invested in Russian group discount purchasing service Vigoda.ru. Access Industries acquired one-third stake in Vigoda.ru in exchange for ca. $6 million investment, according to newspaper Kommersant. Vigoda.ru forecasts sales turnover of $10 million in 2011, according to the paper. That would imply that the service was valued [...]

Tulp.ru, Russian Yelp, Raises $3 Million

Files under: News, Web 2.0
Posted by: admin @ 01:03 [11. 03. 11]

Since its founding in 2004, Yelp reached 45 million monthly visitors and 15 million reviews in the U.S. and elsewhere. Its German copycat Qype reached 17 million monthly visitors in Europe since 2005. From recently, there is a Yelp for Russia called Tulp. The unnamed Russian investor has agreed to put $3 million in Tulp. [...]

Will Russia’s ZeptoLab follow Rovio to Raise Millions?

Files under: Mobile, News, Tech, Web 2.0
Posted by: admin @ 08:05 [10. 03. 11]

Forget about social game developers for a while. iPhone game makers are now the hottest property among venture capital investors. While 40 million+ users-played Angry Birds‘ developer Rovio Mobile is getting $42 million investment from Accel, Atomico, and Felicis, its Russia-based counterpart ZeptoLab (authors of very popular Cut The Rope game for iOS) shall be [...]

Software e-Sales Enabler Avangate Raises EUR 4 Million from 3TS Fund

Files under: News, Tech
Posted by: admin @ 05:05 [10. 03. 11]

3TS Cisco Growth Fund, which is managed by 3TS Capital Partners, has agreed to invest EUR 4 million in  electronic software distribution platform provider Avangate. Romania and Amsterdam-based Avangate intends to use funds to expand in the U.S. and European markets. Founded in 2005, Avangate offers electronic software distribution and partner management solutions. Avangate’s mother [...]

Automated Cars Provider Induct Raised Funding from Mangrove Capital

Files under: News, Tech
Posted by: admin @ 03:02 [9. 03. 11]

The leading European early-stage venture capital firm Mangrove Capital Partners has invested in automated cars technology provider Induct, the firm announced at 2011 Geneva Motorshow. Founded in 2004, Induct offers mobility solutions using new technologies such as embedded telematics and vehicle automation. France-based Induct projects include MODULGO (low cost urban electric vehicle designed from telematics [...]

Russian Diapers.com clone BabyBoom.ru Funded by SuperAngels

Files under: Quintura Search, Web 2.0
Posted by: admin @ 03:22 [7. 03. 11]

When Diapers.com was purchased by Amazon for $500 million last November, some investors were so excited that they decided to bet on baby boom around the world. The so-called “SuperAngels“, a group of Western angel investors have funded BabyBoom.ru, a Diapers.com clone for Russia. The investment amount should be in the range of $0.3 million [...]

Forbes Names Quintura Investors Top 30 Persons in Russian Internet Business

Files under: News, Tech, Web 2.0
Posted by: admin @ 03:08 [7. 03. 11]

Veeam Software and Aelita Software founders’ Andrei Baronov and Ratmir Timashev (ABRT) have been named top 30 persons in Russian internet business by Forbes Russia. Moscow Institute of Physics and Technology (Phystech) graduates Andrei Baronov and Ratmir Timashev founded vendor of MS Windows Server management solutions’ Aelita Software that was purchased by Quest Software for [...]

Russia Partners Close to Acquiring 20% of KupiVIP.ru for $40 Million

Files under: News, Tech, Web 2.0
Posted by: admin @ 01:47 [3. 03. 11]

Siguler Guff‘s Russian investment arm, Russia Partners is close to acquring a large stake in the leading Russian online shopping club KupiVIP.ru. The private equity firm Russia Partners is completing negotiations to purchase a 20 percent stake in KupiVIP for $40 million, according to newspaper RBC Daily, thus implying KupiVIP valuation of $200 million. The [...]

RU-COM’s Bright Capital to Invest in Genomatica

Files under: News, Tech
Posted by: admin @ 01:09 [3. 03. 11]

Bright Capital, the venture arm of RU-COM group from Russia, has joined $45 million investment round in sustainable chemicals company Genomatica. Other new invetsors in the round included VantagePoint Venture Partners and Waste Management. All existing investors also joined the new round such as Alloy Ventures, Draper Fisher Jurvetson, Mohr Davidow Ventures and TPG Biotech. [...]

SaaS Online Meeting YaM Labs Gets $0.5 Million

Files under: Enterprise, News, Tech
Posted by: admin @ 12:11 [2. 03. 11]

Online meeting SaaS startup yaM Labs of Anatoly Gaverdovskiy from Russia has secured $0.5 million funding from business angel investors. The investment round was led by Foresight Ventures, according to Techcrunch Europe. Founded in 2010, yaM Labs aims to utilize a freemium model for online meetings in the cloud. Moscow-based Foresight Ventures of Vladislav Sviblov [...]

Wikimart Raises $7 million from Tiger Global

Files under: News, Web 2.0
Posted by: admin @ 16:45 [1. 03. 11]

The private equity firm Tiger Global Management has invested $7 million in Russian online mall Wikimart, reported newspaper Vedomosti. Besides valuation of Wikimart remaining undisclosed, Tiger amassed over a 50 percent stake in Wikimart, according to the paper. Previously, Wikimart (Викимарт) raised $5 million from Tiger in May 2010 and $0.7 million from Western business [...]