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Archives for June 2011

Flirtic Raises Funds from Almaz Capital Russia Fund

Files under: News, Web 2.0
Posted by: admin @ 07:39 [9. 06. 11]

VC turned entrepreneur Andres Susi online dating startup Flirtic raised a round of venture capital funding from Almaz Capital/Cisco Russia Fund I, the company announced today. The Estonian investor Allan Martinson funded Firtic also nominated Myspace Senior Vice President April Henry as its board member. The new investment should be in the range of $1 [...]

Intel Capital Leads $12 Million Round in Sapato.ru, Russian Online Shoe Store

Files under: News, Web 2.0
Posted by: admin @ 04:29 [9. 06. 11]

Zappos for Russia, Sapato.ru has raised $12 million in new funding, the company announced today. The investment round was led by Intel Capital, which contributed a majority of $12 million. The previous investors such as eVenture Capital, Kinnevik and Direct Group also joined the round. Sapato previously raised over $5 million from German Otto Group-backed [...]

Almaz and Intel Capital Invest in AlterGeo, Foursquare for Russia

Files under: Mobile, News, Tech, Web 2.0
Posted by: admin @ 01:15 [9. 06. 11]

Intel Capital and Almaz Capital have led a new round of funding in AlterGeo, a Russian geo social service. Intel and Almaz invested several million dollar in exchange for a 25% stake in AlterGeo, valuing it at $20 million, according to newspaper Vedomosti. That could imply $5 million new investment. AlterGeo previously raised $1 million [...]

Yandex.Factory (Yandex.Start) to Invest in Zenmoney.ru

Files under: News, Tech, Web 2.0
Posted by: admin @ 05:06 [8. 06. 11]

The leading Russian search engine company Yandex, which completed $1.4 billion IPO on NASDAQ in May 2011, has invested in personal finance startup Zenmoney.ru. The investment was made as part of Yandex.Factory (Яндекс.Фабрика) initiative, according to Yandex start-up blog. Zenmoney will have to use Yandex.API for future service development. Founded in early 2010, Zenmoney.ru (Дзенмани.ру) offers [...]

UFG Sells Rising Star Media’s KinoStar DeLuxe Cinemas to Cinema Park of ProfMedia

Files under: News
Posted by: admin @ 06:00 [7. 06. 11]

The leading Russian nationwide cinema network Cinema Park has agreed to acquire Rising Star Media, operator of KinoStar DeLuxe Cinemas chain of movie theaters in Russia from UFG Private Equity, Shari Redstone and Paul Heth, according to ProfMedia press announcement. The acquisition was financed from own funds of Cinema Park‘s owner ProfMedia of Russian billionaire [...]

RUSNANO to Invest $15 Million in SiTime

Files under: News, Tech
Posted by: admin @ 05:46 [1. 06. 11]

// The Russian nanotechnology investment company RUSNANO has agreed to invest $15 million out of $22 million investment in a new round in SiTime Corpotation, an analog semiconductor company developing MEMS-based silicon timing solutions. Based in California and Ukraine, SiTime plans to open a new design center in Russia with new funds, according to Rusnano. [...]

Rambler New Logo and Brand Unveiled

Files under: News, Web 2.0
Posted by: admin @ 03:36 [1. 06. 11]

When Rambler merged with Afisha in 2010, it appointed new CEO Nikolay Molibog from Afisha, who replaced Olga Turischeva. The united company of Afisha and Rambler, which is owned by media group ProfMedia, has unvelied a new logo and brand of Rambler, reported newspaper Vedomosti. The new logo and brand were created by Afisha’s art [...]