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Archives for September 2011

Surfingbird Raises $2.5 Million for Recommendation Engine

Files under: News
Posted by: admin @ 08:30 [28. 09. 11]

Web surfing and recommendation engine Surfingbird has raised $2.5 million in equity funding from business angel investors from France and Russia, reported newspaper RBC Daily. Surfingbird previosly raised $0.4 million. Founded in 2010, Surfingbird.ru is currently in beta. Surfingbird, which is headed by Sergey Shalaev, plans to reach 100K daily users by the end of [...]

Ru-Net To Invest In MJ Group E-Commerce Service In Vietnam

Files under: News
Posted by: admin @ 01:32 [9. 09. 11]

The Russian internet investment firm ru-Net of Leonid Boguslavsky, which has led $100 million OZON.ru investment, joined $60 million investment round in e-commerce platform MJ Group in Vietnam together with Rebate Networks of Germany and IDG Ventures Vietnam. MJ Group was formed by merging Vietnamese companies Diadiem.com, online mapping service and Nhommua.com, online shopping service. [...]

Ru-Net Leads $100 Million Investment in OZON.ru

Files under: News
Posted by: admin @ 03:27 [8. 09. 11]

“Amazon of Russia”, OZON.ru has received $100 million investment from ru-Net, Rakuten, Alpha Associates and Index Ventures. Both ru-Net and Index previously invested in OZON.ru. Russian private equity firm ru-Net of Leonid Boguslavsky led the round by contributing half of the investment. Out of $100 million investment, $5 million will be spent to buy out [...]

Softline Venture Partners to Invest $500,000 in Copiny

Files under: News
Posted by: admin @ 01:19 [7. 09. 11]

SaaS-based social CRM service Copiny has raised $500,000 from Softline Venture Partners, venture arm of Russian software distributor Softline. Previously, Copiny obtained angel funding from Pavel Cherkashin, one of founders of Tvigle. Founded in August 2010, Copiny is based in Moscow and Bryansk. Copiny offers web-based CRM that helps corporate customers manage brand communications with users [...]

Quadriga Capital Sold Its Stake in Speech Technology Center to Gazprombank

Files under: News
Posted by: admin @ 12:55 [5. 09. 11]

Private equity firm Quadriga Capital sold its 35% stake in speech recording, processing and analysis provider Speech Technology Center (STC) to Gazprombank. The founders of STC also sold part of their stakes to Gazprombank. As a result, Gazprombank became the largest shareholder of Speech Technology Center, the company announced. Gazprombank could have paid $32 million [...]

Yandex to Invest in Startup Labs’ Startup Weekends Companies

Files under: News
Posted by: admin @ 00:17 [5. 09. 11]

The leading Russian search engine company Yandex is rolling out its start-up investment activities. Having recently agreed to invest in start-ups from InCube Accelerator, Yandex will invest in Startup Labs‘ investee companies that will come out of Startup Weekends from all over the world. Yandex will offer up to $30,000 to Startup Labs‘ companies to [...]

Will CrunchFund of Michael Arrington invest in Russia?

Files under: News
Posted by: admin @ 10:17 [2. 09. 11]

TechCrunch founder Michael Arrington is launching a new venture capital fund called CrunchFund with a major backing from AOL. The other investors in $20 million CrunchFund I will include Accel Partners, Austin Ventures, Kleiner Perkins Caufield & Byers, Greylock Partners, Redpoint Ventures, Sequoia Capital, the founding partners of Andreessen Horowitz, each of the general partners [...]

Yuri Milner to Invest in Chinese Innovation Works

Files under: News
Posted by: admin @ 09:28 [1. 09. 11]

Forbes Midas List #25 Yuri Milner from Russia has invested in Innovation Works Development Fund, an early-stage 180 million U.S. dollar-based fund focused on the Chinese Internet. DST founder Yuri Milner isn’t new to China having invested in Chinese online store 360buy.com. Yuri Milner hopes that Innovation Works will help produce in China companies on [...]