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Archives for the 'Web 2.0' Category

Oktogo.ru And TripAdvisor Team Up On Hotel Reviews In Russia

Files under: News, Web 2.0
Posted by: admin @ 23:56 [2. 08. 11]

The leading hotel booking website in Russia, Oktogo.ru has partnered with TripAdvisor, the world’s largest travel site. The users of Oktogo.ru will see TripAdvisor‘s hotel reviews. TripAdvisor will get access to Oktogo.ru‘s extensive database of the Russian hotels and reviews. Launched in 2010, Oktogo.ru raised $5 million from Mangrove Capital and Ventech in April 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 [...]

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 [...]

DST to Invest in Airbnb Apartment Rental Service

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 [...]

Pixonic Funded by Ventech, Kite Ventures and TA Ventures

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 [...]

Skype Engineers ASI Makes First Exit in Russia

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 [...]

Yandex IPO Creates Bonanza for Cisco Russian Fund Almaz Capital

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 [...]

Travelmenu.ru Raises $1.6 Million from Almaz Capital and Runa Capital

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 Capital [...]

Quintura #1 Lifestyle App in App Store; Tops Yandex, Afisha, Skype

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 [...]

Yandex (YNDX) Shares Close Up 55% at $38.84 Per Share at First Trading Day

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, [...]

2GIS City Map Service Stands Against Yandex.Maps and Google.Maps

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 [...]

DST Global 2 Has $1 Billion for Investments

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 [...]

Skyscanner for Russia, Jizo.ru Launches with Funding from Fast Lane Ventures

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 Yandex [...]

Verizon Now Sells Quintura Search Apps for Android

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 [...]

Yandex IPO Terms Revealed; Bigger than Mail.ru Group

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 [...]

Tiger Global Eyes Investment in Russia’s Weather.com, Gismeteo

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 [...]

Quintura #1 Productivity App in App Store; Tops Opera, Dropbox, Evernote

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 [...]

Google Eric Schmidt’s TomorrowVentures Comes to Russia

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 [...]

Metabar, Conduit of Russia, Raises $1 Million from Runa Capital

Files under: News, Web 2.0
Posted by: admin @ 09:37 [15. 04. 11]

The seed and early-stage venture capital fund Runa Capital of Serguei Beloussov has invested $1 million in toolbar builder Metabar.The investment from Runa shall help Metabar to employ its first-mover advantage in the Russian internet market of some 50 million users. Metabar business model is similar to one of U.S./Israel company Conduit with revenues derived [...]

Bessemer, Balderton and Russia Partners Invest $55 Million in KupiVIP.ru

Files under: News, Tech, Web 2.0
Posted by: admin @ 02:51 [14. 04. 11]

Bessemer Venture Partners, Balderton Capital and Russia Partners (Siguler Guff‘s Russian investment arm) have acquired a significant stake in the leading Russian online shopping club KupiVIP.ru. The private equity firms invested $55 million in Series C in KupiVIP. The existing investors Accel and Mangrove Capital also particiated in the round that included the acquisition of [...]

Yandex.Factory to Invest in Startups

Files under: News, Tech, Web 2.0
Posted by: admin @ 22:07 [13. 04. 11]

If you have a startup you can now sell it to Yandex right away. The leading Russian search engine company Yandex announced that its startup fabric Yandex.Factory (Яндекс.Фабрика) is going to invest in internet and mobile startups internationally. The seed and early-stage investments will range between $50,000 and $150,000. Yandex.Factory will consider investing in the [...]

Badoo Valued at $2 Billion; Sequoia to Invest in Badoo?

Files under: News, Web 2.0
Posted by: admin @ 08:59 [9. 04. 11]

// Sequoia Capital partner, Forbes Midas List #2 Michael Moritz has recently flown in to London to meet Badoo founder Andrey Andreev, according to May issue of Wired UK magazine. The valuation of Badoo is being discussed at around $2 billion, the magazine said. Badoo IPO is also being considered. Launched in 2006, social dating [...]

Russian Online Shoe Store Lamoda.ru Scores Funding from Tengelmann Group, Holtzbrinck Ventures and Investment AB Kinnevik

Files under: Inside View, News, Web 2.0
Posted by: admin @ 02:20 [7. 04. 11]

The race to become Zappos of Russia (or Zalando of Russia) gets underway. In July 2010, the French Direct Group of Pascal Clement and the German Otto Group-backed eVenture Capital funded the Russian online shoe store Sapato. In November 2010, Investment AB Kinnevik contributed $2 million of $5 million round in Sapato. The other Russian [...]

SuperAngels-backed Oktogo.ru Closes $5 Million from Mangrove, ABRT and Ventech

Files under: News, Tech, Web 2.0
Posted by: admin @ 03:06 [5. 04. 11]

The leading European early-stage venture capital firm Mangrove Capital Partners has led $5 million investment round in Oktogo.ru, Russian online hotel booking service. Mangrove‘s partner Mark Tluszcz confirmed the investment on his Twitter. Other investors included ABRT Fund and Ventech. The so-called “SuperAngels“: Fabrice Grinda (co-founder of OLX), Jose Marin (IG Expansion), Javier Perez-Tenessa (founder [...]

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 [...]

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 [...]

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