Archives for the 'Web 2.0' Category
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, 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 [...]
Files under: News, Web 2.0
Posted by: admin @ 04:58 [31. 05. 11]
Russian Yuri Milner‘s firm DST, which recently raised $1 billion for DST Global 2, is joining $100 million round investment in Airbnb at $1 billion valuation. The round is led by Andreessen Horowitz, according to TechCrunch. There is a recent influx of Russian online travel agencies (OTA) such as Oktogo.ru, Travelmenu, HipClub, Ostrovok.ru and travel [...]
Files under: Enterprise, Inside View, Mobile, News, Tech, Web 2.0
Posted by: admin @ 06:24 [30. 05. 11]
Social game publisher Pixonic is one of the social game publishers in Russia. It was first funded by AddVenture. The Russian leading online travel agency Oktogo.ru venture capital investor Ventech as well as Kite Ventures of Edward Shenderovich and TA Ventures of Ukraine has put $5 million in Pixonic at a valuation of ca. $10 [...]
Files under: Enterprise, News, Tech, Web 2.0
Posted by: admin @ 08:14 [27. 05. 11]
The Estonian Skype engineers prvate equity vehicle Ambient Sound Investments (ASI), which made its first Russian investment in Software as A Service (SaaS) inventory management software provider LogneX (Moy Sklad) in 2008, has sold its stake in LogneX to Russian ERP software provider 1C Company. In the future, 1C plans to increase its stake in [...]
Files under: Enterprise, Inside View, Mobile, News, Tech, Web 2.0
Posted by: admin @ 08:57 [26. 05. 11]
Almaz Capital Russia Fund I, Russia-focused venture capital fund that is backed by Cisco, shall have returned all money to investors with just two investments, fund’s Managing Partner Alexander “Sasha” Galitsky revealed on twitter. Those investments should have been made by Almaz in Qik and Yandex. Almaz‘s first close was at $60 million. Then, Almaz [...]
Files under: News, Web 2.0
Posted by: admin @ 03:36 [25. 05. 11]
// Over the past year, several Russian online travel agencies (OTA) such as Oktogo.ru, HipClub.ru, Ostrovok.ru, Anywayanyday as well as travel meta-search engine Jizo.ru have emerged and raised angel and venture capital funds. Today, yet another online travel agency in Russia, Travelmenu.ru announced Series A funding of $1.6 million from early-stage venture capital funds Almaz [...]
Files under: News, Quintura Search, Tech, Web 2.0
Posted by: admin @ 01:59 [25. 05. 11]
We have released Quintura visual search apps for touchscreen devices for iOS, Android and Symbian. Most of the Quintura search apps reached top 10 apps in their respective categories. On May 23, one of the Quintura search apps has become #1 app in App Store. Our visual-based search app for sex life and relationship Q [...]
Files under: News, Tech, Web 2.0
Posted by: admin @ 00:20 [25. 05. 11]
Yandex completed $1.3 billion IPO on NASDAQ yesterday, on May 24. Its shares (symbol “YNDX“) surged 55% from $25.00 to $38.84 at the first day of trading. More than 70 million Yandex shares changed hands, which is larger than Yandex IPO volume of 52.2 million shares. Yandex IPO underwriters included Morgan Stanley, Deutsche Bank Securities, [...]
Files under: Enterprise, Mobile, News, Tech, Web 2.0
Posted by: admin @ 05:17 [19. 05. 11]
// While Yandex will go IPO on NASDAQ this month, its popular Russian online map service is being challenged by 2GIS‘ Russian city guide and map services. Being available for more than 100 Russian cities, 2GIS has released its Moscow city guide and map service. 2GIS maps and city guides include more corporate information details [...]
Files under: News, Web 2.0
Posted by: admin @ 04:25 [18. 05. 11]
DST Global, private equity firm run by Yuri Milner, has closed $1 billion fund DST Global 2 to invest in later-stage internet companies, according to Bloomberg. The money came from both institutional and private investors. DST Global invested in online music service Spotify, online retailer 360buy.com and coupon business Groupon. Yuri Milner was recently named [...]
Files under: Enterprise, News, Tech, Web 2.0
Posted by: admin @ 01:18 [16. 05. 11]
// Aimed to be Skyscanner for Russia, Jizo.ru travel meta-search engine has launched with funding from internet business incubator Fast Lane Ventures. While Edinburg, Scotland-based Skyscanner developed its innovative proprietary search engine technology, Jizo.ru used solution from GP Solutions GmbH, a Germany/Belarus travel IT solutions company. Jizo.ru already faces competion from Russia’s leading search engine [...]
Files under: Mobile, News, Quintura Search, Search Cases, Tech, Web 2.0
Posted by: admin @ 05:42 [13. 05. 11]
Besides Amazon appstore for Android and Vodafone 360 shop, the Quintura search apps for Android devices have been included in the Verizon Media Store in the U.S. Verizon Wireless operates both 4G LTE network and 3G network for more than 100 million customers in the U.S. Quintura offers mobile search apps for Android devices including recipe [...]
Files under: News, Tech, Web 2.0
Posted by: admin @ 11:51 [9. 05. 11]
Russia’s leading search engine company Yandex, which plans to list on NASDAQ under the symbol “YNDX“, has announced terms for its IPO. The company plans to raise between $1,044 million and $1,148 million by offering ca. 52.2 million shares (or ca. 16% of total issued shares after IPO) at a price of between $20 and [...]
Files under: News, Web 2.0
Posted by: admin @ 10:11 [9. 05. 11]
Weather.com for Russia, Gismeteo.ru is the largest Russian weather information website in terms of number of visitors. Gismeteo, which has 12 million unique monthly visitors, generated revenues of $3 million in 2010, recently wrote Forbes.ru. The private equity firm Tiger Global, which is an investor in both Mail.ru Group and Yandex, is in talks to [...]
Files under: Mobile, News, Quintura Search, Tech, Web 2.0
Posted by: admin @ 01:43 [6. 05. 11]
We have released Quintura visual search apps in iTunes App Store, Android Market and Nokia’s Ovi Store. Some of the Quintura search apps reached top 3, top 10, and top 100 apps in several markets. Today, one of the Quintura search apps has become #1 app in App Store. Our visual-based recipes search app Quintura [...]
Files under: News, Tech, Web 2.0
Posted by: admin @ 05:07 [26. 04. 11]
// Google‘s Executive Chairman Eric Schmidt‘s investment firm, TomorrowVentures has partnered with Digital October, a Moscow-based business incubator and center of Ru-Com of Mikhail Abyzov, its investment firm Bright Capital and TeleMarker in Russia. Tomorrow Ventures plans to make investments in Russian internet and technology startups out of Digital October‘s business incubator Bricolage. Inspired by [...]
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