Archives for June 2011
Files under: News
Posted by: admin @ 03:19 [30. 06. 11]
The united company of Afisha and Rambler, which recently re-branded itself and launched Rambler-Fund for online start-ups, has agreed to acquire a majority stake in the Russian online gaming information net Kanobu Network operator Online Media from Kite Ventures of Edward Shenderovich and Kanobu founder Gadgi Makhtiev, announced Rambler. The deal could be valued at [...]
Files under: News
Posted by: admin @ 05:23 [29. 06. 11]
When it comes to exploring some of the best VC deals, it’s not only about Russia and Africa. The leading European early-stage venture capital firm Mangrove Capital Partners has made an investment in e-commerce in India. Mangrove Capital funded Indian online shoe store Bestylish. The investment should be in the range of several million dollars. [...]
Files under: News
Posted by: admin @ 04:35 [29. 06. 11]
In June 2010, Group Buying Global AG and Smile Interactive Group of Harish Bahl from India acquired Indian group buying portal WanaMo.com. WanaMo has been rebranded as DealsAndYou. Mangrove Capital invested in DealsAndYou. India’s leading online group buying portal DealsAndYou.com features a daily deal on the best stuff to do, see, eat, and buy in [...]
Files under: News
Posted by: admin @ 04:33 [24. 06. 11]
The largest Russian social network Vkontakte is in early talks with investment banks regarding IPO in New York in 2012, according to Bloomberg news. Launched in late 2006, Vkontakte reported revenues of $94 million in 2010. VKontakte revenues is expected to increase more than 30% to over $120 million in 2011. Vkontakte‘s monthly audience reached [...]
Files under: News
Posted by: admin @ 08:51 [23. 06. 11]
The leading Russian online portal Rambler has implemented Yandex Search on Rambler.ru. The search services on Rambler are powered by Yandex search engine and Rambler displays ads from Yandex.Direct (Яндекс.Директ), Yandex Advertising Network, according to it. According to our calculations, Yandex should add between $10 million and $20 million, or less than 5% to its [...]
Files under: News
Posted by: admin @ 07:31 [23. 06. 11]
The Russian nanotechnilogy investment company RUSNANO has agreed to invest up to $125 million out of $250 million in a U.S. – Russia technology transfer fund to be managed by Harris & Harris Group, according to RUSNANO announcement. Harris & Harris Group is a publicly traded venture capital firm exclusively focused on investing in companies enabled [...]
Files under: News
Posted by: admin @ 06:55 [23. 06. 11]
Burrill Life Science Capital Fund IV, a new $500 million life sciences investment fund to be managed by Burrill & Company, will get a $200 million capital investment from the Russian nanotechnology investment company RUSNANO. This is the largest equity capital investment commitment by a Russian company in a U.S. private equity fund. San Francisco-based [...]
Files under: News
Posted by: admin @ 13:02 [21. 06. 11]
Initially funded by ABRT Fund and Mangrove Capital Partners, social games developer Drimmi has released its first iOS game SnowBall Duel HD. With its social games installed by over 15 million users, Drimmi shall aim for a major venture capital financing in 2011. Launched in late 2009, social games company Drimmi released its social games [...]
Files under: News
Posted by: admin @ 10:45 [21. 06. 11]
After NASDAQ-listed Yandex launched its Yandex.Factory start-up investment initiative in early 2011, the other major Russian online companies such as London-listed Mail.ru Group and ProfMedia-owned Rambler aimed to respond. The united company of Afisha and Rambler has launched its own start-up investment program called Rambler-Fund. Rambler-Fund (Рамблер-Фонд) plans to invest up to $100,000 (3 million [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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. [...]
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 [...]
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