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	<title>Quintura blog &#187; Web 2.0</title>
	<atom:link href="http://blog.quintura.com/category/web-20/feed/" rel="self" type="application/rss+xml" />
	<link>http://blog.quintura.com</link>
	<description>Russian internet venture capital, private equity and M&#38;A</description>
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		<title>Russian Social Games Company Drimmi Discloses 4M Funding; Releases First Game</title>
		<link>http://blog.quintura.com/2010/02/19/russian-social-games-company-drimmi-discloses-4m-funding-releases-first-game/?&amp;owa_from=feed&amp;owa_sid=</link>
		<comments>http://blog.quintura.com/2010/02/19/russian-social-games-company-drimmi-discloses-4m-funding-releases-first-game/#comments</comments>
		<pubDate>Sat, 20 Feb 2010 04:00:06 +0000</pubDate>
		<dc:creator>Quintura</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Web 2.0]]></category>
		<category><![CDATA[abrt]]></category>
		<category><![CDATA[ABRT Fund]]></category>
		<category><![CDATA[Drimmi]]></category>
		<category><![CDATA[Drimmi CEO]]></category>
		<category><![CDATA[Drimmi first round]]></category>
		<category><![CDATA[Drimmi Founder]]></category>
		<category><![CDATA[Drimmi funding]]></category>
		<category><![CDATA[Fish Place]]></category>
		<category><![CDATA[Fish Place Vkontakte]]></category>
		<category><![CDATA[mangrove capital]]></category>
		<category><![CDATA[Mangrove Capital Partners]]></category>
		<category><![CDATA[Mangrove Capital Russia]]></category>
		<category><![CDATA[Nikita Sherman]]></category>
		<category><![CDATA[Russian social games]]></category>
		<category><![CDATA[Vkotakte]]></category>
		<category><![CDATA[Vonktakte.ru]]></category>
		<category><![CDATA[Рыбное Место]]></category>
		<category><![CDATA[Рыбное Место Vkontakte]]></category>
		<category><![CDATA[Рыбное Место Вконтакте]]></category>

		<guid isPermaLink="false">http://blog.quintura.com/?p=6048</guid>
		<description><![CDATA[Launched in autumn 2009, the Russian social games startup, Drimmi announced last month that it raised funding from Mangrove Capital Partners and ABRT Fund with goal to become #1 Russian social games company. The amount of funding was not disclosed at that time. Today, Drimmi launches its web-site that offers some details on the company. [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://drimmi.ru/"><img class="alignleft" src="http://drimmi.ru/templates/drimmi/ru/img/logo.png" alt="" width="183" height="64" /></a>Launched in autumn 2009, the Russian social games startup, <strong><a title="Drimmi" href="http://drimmi.ru/" target="_blank">Drimmi</a> </strong>announced last month that <a href="http://blog.quintura.com/2010/01/25/mangrove-capital-abrt-invest-several-million-in-drimmi-russian-social-games-co/" target="_blank">it raised funding from <strong>Mangrove Capital Partners</strong> and <strong>ABRT Fund</strong></a> with goal to become #1 Russian social games company. The amount of funding was not disclosed at that time. Today, <a title="Drimmi" href="http://drimmi.ru/" target="_blank"><strong>Drimmi</strong></a> launches its <a href="http://drimmi.ru/" target="_blank">web-site</a> that offers some details on the company. The name &#8220;Drimmi&#8221; comes from &#8220;Dream&#8221;.</p>
<p><strong><a title="Drimmi" href="http://drimmi.ru/" target="_blank"><strong>Drimmi</strong></a></strong> recently released its first social game, <a href="http://drimmi.ru/games/fish-place.html" target="_blank"><strong>Рыбное Место</strong> (<strong>Fish Place</strong>)</a>. The game, which is about fishing, is available for playing on <a href="http://vkontakte.ru/app1822452" target="_blank"><strong>Vkontakte</strong></a>, the biggest Russian social network with over <strong>60 million</strong> registered users.</p>
<p><strong><a href="http://drimmi.ru" target="_blank"><img class="alignleft" src="http://drimmi.ru/netcat_files/91/103/nikita_sherman_small.png" alt="" width="144" height="144" />Nikita Sherman</a></strong>, <strong>Founder </strong>&amp; <strong>CEO </strong>of <strong><a title="Drimmi" href="http://drimmi.ru/" target="_blank"><strong>Drimmi</strong></a></strong> (pictured to the left) said in an interview to <a href="http://bfm.ru/articles/2010/02/11/nikita-sherman-sygraet-po-socialnomu.html" target="_blank">BFM.ru</a> last week that <strong>Drimmi</strong> raised <strong>$4 million</strong> from <a href="http://blog.quintura.com/2009/12/30/top-10-russian-venture-capital-internet-investors/" target="_blank"><strong>Mangrove Capital</strong> and <strong>ABRT</strong></a> in the first round.</p>
<p>He also said that the company will need the second round before it will enter global markets, likely at the end of 2010. Based in Moscow, <a title="Drimmi" href="http://drimmi.ru/" target="_blank"><strong>Drimmi</strong></a> already opened two games development offices in Russian regional cities of Bryansk and Tolyatti.</p>
<p>Meantime, <a href="http://blog.quintura.com/2010/01/01/top-10-russian-venture-capital-internet-deals-in-2009/" target="_blank"><strong>Facebook</strong> and<strong> Zynga</strong></a> investor <a href="http://blog.quintura.com/2009/12/30/top-10-russian-venture-capital-internet-investors/" target="_blank"><strong>Yuri Milner</strong></a>, who is CEO of largest Russian internet investor <strong>DST</strong>, <a href="http://www.businessweek.com/technology/content/feb2010/tc20100218_270634.htm" target="_blank">said</a> he has<strong> $1 billion</strong> to invest in social media outside of Russia.  Next ones may be <strong>Twitter </strong>and <strong>Foursquare</strong>.</p>

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		<item>
		<title>RuTube and Mamba To Launch VideoDating on Love.Rutube.ru</title>
		<link>http://blog.quintura.com/2010/02/13/rutube-and-mamba-to-launch-videodating-on-love-rutube-ru/?&amp;owa_from=feed&amp;owa_sid=</link>
		<comments>http://blog.quintura.com/2010/02/13/rutube-and-mamba-to-launch-videodating-on-love-rutube-ru/#comments</comments>
		<pubDate>Sun, 14 Feb 2010 00:36:26 +0000</pubDate>
		<dc:creator>Quintura</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Web 2.0]]></category>
		<category><![CDATA[dating Russia]]></category>
		<category><![CDATA[Finam Mamba]]></category>
		<category><![CDATA[Love.Rutube.ru]]></category>
		<category><![CDATA[Mail.ru Mamba]]></category>
		<category><![CDATA[Mamba]]></category>
		<category><![CDATA[Online Videodating]]></category>
		<category><![CDATA[RuTube Gazprom Media]]></category>
		<category><![CDATA[RuTube Mamba]]></category>
		<category><![CDATA[RuTube VideoDating]]></category>
		<category><![CDATA[Video dating Russia]]></category>
		<category><![CDATA[VideoDating]]></category>
		<category><![CDATA[ВидеоЗнакомства]]></category>

		<guid isPermaLink="false">http://blog.quintura.com/?p=5991</guid>
		<description><![CDATA[Two leading Russian online communities, video sharing site RuTube and online dating platform Mamba have launched online VideoDating on Love.Rutube.ru. 10 million monthly users of RuTube.ru can now search for user-generated video profiles across 12 million user database of Mamba.
RuTube and Mamba introduced cross-site registration and online communication for users of Video Dating (Видеознакомства), the [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://love.rutube.ru/"><img class="alignleft size-full wp-image-5992" src="http://blog.quintura.com/wp-content/uploads/2010/02/VideoDating.PNG" alt="" width="258" height="57" /></a>Two leading Russian online communities, video sharing site <a href="http://rutube.ru/" target="_blank"><strong>RuTube</strong></a> and online dating platform <a href="http://mamba.ru/" target="_blank"><strong>Mamba</strong></a> have launched online <a href="http://rutube.ru/news/327.html" target="_blank"><strong>VideoDating</strong></a> on <a href="http://love.rutube.ru/" target="_blank"><strong>Love.Rutube.ru</strong></a>. <strong>10 million</strong> monthly users of <strong>RuTube.ru</strong> can now search for user-generated video profiles across <strong>12 million </strong>user database of <strong>Mamba</strong>.</p>
<p><strong>RuTube</strong> and <strong>Mamba</strong> introduced cross-site registration and online communication for users of <a href="http://love.rutube.ru/" target="_blank"><strong>Video Dating</strong></a> (<strong>Видеознакомства</strong>), the first online video dating service in Russia.</p>
<p>Launched in 2006, the biggest Russian video sharing community <strong>RuTube</strong> was <a href="http://blog.quintura.com/2008/03/06/rutube-founders-exit-at-15-million-valuation/" target="_blank">acquired by <strong>Gazprom Media</strong></a> in 2008.</p>
<p>Launched in 2002, online dating platform <strong>Mamba</strong> is owned by <strong>Finam</strong> (68.5%) and <a href="http://blog.quintura.com/2008/08/29/mailru-buys-into-online-dating-platform-mamba/" target="_blank"><strong>Mail.ru</strong> (31.5%)</a>. <strong>Mamba</strong> powers online dating service on <a href="http://love.mail.ru/" target="_blank"><strong>Mail.ru</strong></a>, <a href="http://love.rambler.ru/" target="_blank"><strong>Rambler.ru</strong></a>, <a href="http://dating.ru.msn.com/" target="_blank"><strong>MSN.ru</strong></a>, and other portals. In 2008, <strong>Mamba</strong> generated revenues of $15 million with EBITDA margin of 47%.</p>

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		<item>
		<title>DST and Naspers/MIH to Merge Nasza-Klasa and Gadu-Gadu in Poland</title>
		<link>http://blog.quintura.com/2010/02/08/dst-and-naspersmih-to-merge-nasza-klasa-and-gadu-gadu-in-poland/?&amp;owa_from=feed&amp;owa_sid=</link>
		<comments>http://blog.quintura.com/2010/02/08/dst-and-naspersmih-to-merge-nasza-klasa-and-gadu-gadu-in-poland/#comments</comments>
		<pubDate>Mon, 08 Feb 2010 11:17:52 +0000</pubDate>
		<dc:creator>Quintura</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Tech]]></category>
		<category><![CDATA[Web 2.0]]></category>
		<category><![CDATA[DST Forticom]]></category>
		<category><![CDATA[DST MIH Poland]]></category>
		<category><![CDATA[DST Naspers]]></category>
		<category><![CDATA[DST Naspers Nasza-Klasa Gadu-Gadu]]></category>
		<category><![CDATA[DST Naspers Poland]]></category>
		<category><![CDATA[DST Nasza-Klasa]]></category>
		<category><![CDATA[Gadu Gadu]]></category>
		<category><![CDATA[MIH Gadu Gadu]]></category>
		<category><![CDATA[Naspers Gadu-Gadu]]></category>
		<category><![CDATA[Nasza-Klasa.pl]]></category>
		<category><![CDATA[Poland internet advertising]]></category>
		<category><![CDATA[Poland internet penetration]]></category>
		<category><![CDATA[Poland internet users]]></category>

		<guid isPermaLink="false">http://blog.quintura.com/?p=5895</guid>
		<description><![CDATA[The leading Internet group in Eastern Europe, Naspers/MIH Group, which together with DST (Digital Sky Technology) own the largest Russian online portal, Mail.ru is doing due diligence of assets of DST-owned holding Forticom, reported newspapers Vedomosti and Kommersant.
As a result, Naspers/MIH and DST could merger their Polish internet assets, instant messaging service Gadu-Gadu and social [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-5908" src="http://blog.quintura.com/wp-content/uploads/2010/02/Gadu-Gadu.PNG" alt="" width="227" height="60" />The leading Internet group in Eastern Europe, <a href="http://blog.quintura.com/2009/11/19/acquisition-of-icq-to-make-naspers-as-big-as-skype/" target="_blank"><strong>Naspers/MIH Group</strong></a>, which together with <a href="http://blog.quintura.com/2009/12/16/dst-tiger-invest-in-zynga-to-bring-social-games-to-russian-social-networks/" target="_blank"><strong>DST</strong> (<strong>Digital Sky Technology</strong>)</a> own the largest Russian online portal, <a href="http://blog.quintura.com/2009/12/15/google-to-power-search-and-ads-on-mail-ru/" target="_blank"><strong>Mail.ru</strong></a> is doing due diligence of assets of <strong>DST</strong>-owned holding <strong>Forticom</strong>, reported newspapers <a href="http://www.vedomosti.ru/newspaper/article/2010/02/08/224983" target="_blank">Vedomosti</a> and <a href="http://kommersant.ru/doc.aspx?DocsID=1318237&amp;NodesID=4" target="_blank">Kommersant</a>.</p>
<p>As a result, <strong>Naspers/MIH</strong> and <strong>DST</strong> could merger their Polish internet assets, instant messaging service <a href="http://www.gadu-gadu.pl/" target="_blank"><strong>Gadu-Gadu</strong></a> and social network <a href="http://nasza-klasa.pl" target="_blank"><strong>Nasza-Klasa.pl</strong></a> into a single entity that shall reach over a half of Polish internet users.</p>
<p>In addition to social networks<strong> Odnoklassniki.ru</strong> in Russia and <strong>One.lv</strong> &amp; <strong>One.lt</strong> in the Baltic countries, <strong>Forticom</strong> owns 70% of <strong>Nasza-Klasa.pl</strong>, the leading social network in Poland with over 23 million registered users. <strong>Forticom</strong> acquired majority of <a href="http://blog.quintura.com/2008/06/11/odnoklassnikiru-russian-owners-take-on-facebook-with-polish-deal/" target="_blank"><strong>Nasza-Klasa</strong> in 2008</a>.</p>
<p><strong>Naspers/MIH Group </strong>owns 100% in <strong>Gadu-Gadu</strong>, the leading Polish instant messaging service with 15 million registered users. <strong>Naspers</strong> acquired <strong>Gadu-Gadu</strong> for <strong>$155 million</strong> in 2007.</p>
<p>Poland has over 20 million internet users, which is 52% of 38 million population. The <strong>internet advertising market </strong>in <strong>Poland</strong> was valued at <strong>$370 million</strong> in 2009.</p>

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		<item>
		<title>Almaz Capital Acquires 23% of Alawar Entertainment from Finam and Business Angel</title>
		<link>http://blog.quintura.com/2010/02/02/almaz-capital-acquires-23-of-alawar-entertainment-from-finam-and-business-angel/?&amp;owa_from=feed&amp;owa_sid=</link>
		<comments>http://blog.quintura.com/2010/02/02/almaz-capital-acquires-23-of-alawar-entertainment-from-finam-and-business-angel/#comments</comments>
		<pubDate>Tue, 02 Feb 2010 22:29:31 +0000</pubDate>
		<dc:creator>Quintura</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Tech]]></category>
		<category><![CDATA[Web 2.0]]></category>
		<category><![CDATA[acquire Alawar]]></category>
		<category><![CDATA[Alawar Entertainment]]></category>
		<category><![CDATA[Alexander Katalov]]></category>
		<category><![CDATA[Alexey Basov]]></category>
		<category><![CDATA[Almaz Capital Partners]]></category>
		<category><![CDATA[Almaz Capital Russia Fund]]></category>
		<category><![CDATA[Begun CEO]]></category>
		<category><![CDATA[Drimmi]]></category>
		<category><![CDATA[Finam sold]]></category>
		<category><![CDATA[Russian venture capital]]></category>

		<guid isPermaLink="false">http://blog.quintura.com/?p=5778</guid>
		<description><![CDATA[Moscow and Silicon Valley-based Almaz Capital Russia Fund I, which is sponsored by Cisco, UFG and EBRD, has invested about $3 million for a 23% stake in the leading Eastern European casual games company, Alawar Entertainment. The 15% stake was purchased from Finam Capital Partners and the other 8% was purchased from business angel investor, [...]]]></description>
			<content:encoded><![CDATA[<p><strong><a href="http://company.alawar.com/"><img class="alignleft" src="http://company.alawar.com/bitrix/templates/template0en/images/logo_alawar_1.gif" alt="" width="160" height="135" /></a></strong>Moscow and Silicon Valley-based <a href="http://company.alawar.com/" target="_blank"><strong>Almaz Capital Russia Fund I</strong></a>, which is sponsored by <strong>Cisco</strong>, <strong>UFG</strong> and <strong>EBRD</strong>, has invested about <strong>$3 million</strong> for a 23% stake in the leading Eastern European casual games company, <a href="http://company.alawar.com/" target="_blank"><strong>Alawar Entertainment</strong></a>. The 15% stake was purchased from <strong><a href="http://www.finamcapital.com/alavar.html" target="_blank">Finam Capital Partners</a> </strong>and<strong> </strong>the other 8% was purchased from business angel investor, <strong>Elcomsoft</strong> President, <strong>Alexander Katalov</strong>. This is the 2nd venture capital investment in Russian online games company over the past month after <a href="http://blog.quintura.com/2010/01/25/mangrove-capital-abrt-invest-several-million-in-drimmi-russian-social-games-co/" target="_blank"><strong>Mangrove Capital</strong> and <strong>ABRT Fund</strong></a> invested in <strong>Drimmi</strong>.</p>
<p><strong>Finam</strong> invested about $1 million in <strong>Alawar </strong>in several stages in 2007. The valuation of <strong>Alawar</strong> increased several times to more than $12 million since that time, reported <a href="http://www.vedomosti.ru/newspaper/article/2010/02/03/224528" target="_blank">Vedomosti</a>. <strong><a href="http://blog.quintura.com/2009/12/29/top-10-internet-ceos-in-russia/" target="_blank">Alexey Basov</a></strong>, Director of IT Investments at <strong>Finam</strong> and CEO at <strong>Begun</strong>, negotiated <strong>Finam</strong>&#8217;s investment and exit from <strong>Alawar</strong>.</p>
<p>Founded in 1999 by <strong>Alexander Lyskovsky</strong> and <strong>Sergey Zanin</strong>, <a href="http://company.alawar.com/" target="_blank"><strong>Alawar Entertainment</strong></a> specializes in the development, publication and distribution of casual games. It is based in Novosibirsk, Russia with five development studios in different cities. <strong>Alawar</strong> distributes games to audiences in 60 countries worldwide through its own web-sites and online portals as well as offers a &#8216;white label&#8217; solution for web-site owners to launch their own casual games sections. In 2009, the <strong>Russian casual games market</strong> was valued at more than <strong>$30 million</strong>. <strong>Alawar</strong> holds some 70% of the Russian market. More than a half of <strong>Alawar</strong> revenues come from USA and Europe.</p>
<p><strong>Alawar</strong> published 24 casual games for PC last year, including <a href="http://www.alawar.com/game/farm-frenzy-3/" target="_blank">Farm Frenzy 3</a>, <a href="http://www.alawar.com/game/vampire-saga-pandora-s-box/" target="_blank">Vampire Saga: Pandora&#8217;s Box</a> and <a href="http://www.alawar.com/game/the-treasures-of-montezuma-2/" target="_blank">The Treasures of Montezuma 2</a>. The company also released 8 games for iPhone, 2 games for PlayStation 3 and several games for Android &amp; Ovi platforms. In 2010, <strong>Alawar</strong> plans to enter the social games and MMO markets as well as expand onto other platforms.</p>
<p><strong>Almaz Capital Russia Fund I</strong> previously invested in web-based ERP and financial software company <a href="../2009/11/09/almaz-capital-invests-in-acumatica/" target="_blank"><strong>Acumatica</strong></a>, mobile social network provider <a href="../2009/04/07/almaz-capital-cisco-russia-fund-i-invests-11-million-in-parallels-and-apollo-project/" target="_blank"><strong>Apollo Project</strong></a>, virtualization and automatization software vendor <a href="../2009/04/27/almaz-capital-to-acquire-5-percent-stake-in-parallels/" target="_blank"><strong>Parallels</strong></a>, and search engine <a href="../2009/09/15/ufg-bvcp-and-tiger-acquire-9-of-yandex-for-100-million/" target="_blank"><strong>Yandex</strong></a>. The fund is managed by<strong> <a href="http://almazcapital.com/" target="_blank">Almaz Capital Partners</a></strong>.</p>

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		<item>
		<title>Cocktail to Friend is Most Popular Russian Social Network Application</title>
		<link>http://blog.quintura.com/2010/01/28/cocktail-to-friend-is-most-popular-russian-social-network-application/?&amp;owa_from=feed&amp;owa_sid=</link>
		<comments>http://blog.quintura.com/2010/01/28/cocktail-to-friend-is-most-popular-russian-social-network-application/#comments</comments>
		<pubDate>Thu, 28 Jan 2010 14:56:24 +0000</pubDate>
		<dc:creator>Quintura</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Web 2.0]]></category>
		<category><![CDATA[Catalyst Apps]]></category>
		<category><![CDATA[Cocktail 2 friend]]></category>
		<category><![CDATA[Cocktail to a friend]]></category>
		<category><![CDATA[Cocktail2Friend]]></category>
		<category><![CDATA[Mars candy bar]]></category>
		<category><![CDATA[Mars Russia]]></category>
		<category><![CDATA[Twix Cocktail to friend]]></category>
		<category><![CDATA[Twix Russia]]></category>
		<category><![CDATA[Twix Коктейль Другу]]></category>
		<category><![CDATA[vkontakte]]></category>
		<category><![CDATA[Vkontakte Cocktail to Friend]]></category>
		<category><![CDATA[Vkontakte.ru]]></category>
		<category><![CDATA[Vkotakte]]></category>
		<category><![CDATA[Вконтакте Коктейль Другу]]></category>
		<category><![CDATA[Коктейль Другу]]></category>
		<category><![CDATA[Коктейль Другу Twix]]></category>

		<guid isPermaLink="false">http://blog.quintura.com/?p=5611</guid>
		<description><![CDATA[The Russian social network application on Vkontakte.ru when a user can send a virtual cocktail to a friend called &#8220;Cocktail to a Friend&#8221; (Cocktail2Friend) has become the most popular social network application in Russia. Vkontakte is Russia&#8217;s #1 social network with over 59 million registered users. It released API for social games and other applications [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft" src="http://www.catalystapps.net/wp-content/themes/pandora/img/slide.1.png" alt="" width="276" height="240" />The <strong>Russian social network application</strong> on <a href="http://blog.quintura.com/visual-search/?PartnerTopic=QuinturaBlog&amp;lng=en&amp;topicid=2360&amp;tabid=2360&amp;request=%22vkontakte.ru%22" target="_blank"><strong>Vkontakte.ru</strong></a> when a user can send a virtual cocktail to a friend called &#8220;<a href="http://vkontakte.ru/app626127" target="_blank"><strong>Cocktail to a Friend</strong></a>&#8221; (<strong>Cocktail2Friend</strong>) has become the most popular <strong>social network application</strong> in Russia. <strong>Vkontakte</strong> is Russia&#8217;s #1 social network with over <strong>59 million</strong> registered users. It released <strong>API</strong> for social games and other applications last year.</p>
<p>Launched in May 2009,<strong> Cocktail to a Friend</strong> (или <strong>Коктейль Другу</strong> in Russian) has over <strong>8 million</strong> registered users with over <strong>2 million</strong> daily users.</p>
<p>In December 2009, <strong>Mars&#8217;</strong> candy bar <strong>Twix</strong> was promoted online in Russia using the <strong>Cocktail to a Friend</strong> application. Over <strong>20  million</strong> virtual cocktails with <strong>Twix</strong> and <strong>Twix flavors</strong> were sent out by the users of <strong>Vkontakte</strong> social network in first two  days after start of the promotion. The <strong>Cocktail to a Friend</strong> social network application is developed by <a href="http://www.catalystapps.net/" target="_blank"><strong>Catalyst Apps</strong></a>.</p>

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		<title>Mangrove Capital, ABRT Invest Several Million in Drimmi, Russian Social Games Co.</title>
		<link>http://blog.quintura.com/2010/01/25/mangrove-capital-abrt-invest-several-million-in-drimmi-russian-social-games-co/?&amp;owa_from=feed&amp;owa_sid=</link>
		<comments>http://blog.quintura.com/2010/01/25/mangrove-capital-abrt-invest-several-million-in-drimmi-russian-social-games-co/#comments</comments>
		<pubDate>Mon, 25 Jan 2010 10:16:04 +0000</pubDate>
		<dc:creator>Quintura</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Tech]]></category>
		<category><![CDATA[Web 2.0]]></category>
		<category><![CDATA[abrt]]></category>
		<category><![CDATA[ABRT Fund]]></category>
		<category><![CDATA[Cheerful farmer]]></category>
		<category><![CDATA[David Waroquier]]></category>
		<category><![CDATA[Drimmi]]></category>
		<category><![CDATA[Drimmi CEO]]></category>
		<category><![CDATA[Drimmi COO]]></category>
		<category><![CDATA[Drimmi funding]]></category>
		<category><![CDATA[Drimmi Mangrove Capital]]></category>
		<category><![CDATA[Drimmi.com]]></category>
		<category><![CDATA[Drimmi.ru]]></category>
		<category><![CDATA[i-Jet]]></category>
		<category><![CDATA[Mangrove Capital ABRT]]></category>
		<category><![CDATA[Mangrove Capital ABRT Fund Drimmi]]></category>
		<category><![CDATA[Mangrove Capital Partners]]></category>
		<category><![CDATA[Nikita Sherman]]></category>
		<category><![CDATA[Russian social games]]></category>
		<category><![CDATA[Russian social games developer]]></category>
		<category><![CDATA[Russian social games market]]></category>
		<category><![CDATA[Russian venture capital]]></category>
		<category><![CDATA[social games investment]]></category>
		<category><![CDATA[Viktor Zakharchenko]]></category>
		<category><![CDATA[Веселый фермер]]></category>

		<guid isPermaLink="false">http://blog.quintura.com/?p=4290</guid>
		<description><![CDATA[The Russian social games market has grown to $30 million in 2009 from almost zero in 2008. The half of the market is currently taken by Vesely Fermer (Cheerful Farmer), the most popular game on Russia&#8217;s leading social network VKontakte. On one hand, such a game generates about $1 million per month. On the other [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://drimmi.com/" target="_blank"><img class="alignleft" src="http://drimmi.com/manki_1.gif" alt="" width="313" height="113" /></a>The <strong>Russian social games market</strong> has grown to <strong>$30 million</strong> in 2009 from almost zero in 2008. The half of the market is currently taken by <strong>Vesely Fermer</strong> (Cheerful Farmer), the most popular game on Russia&#8217;s leading social network <strong>VKontakte</strong>. On one hand, such a game generates about <strong>$1 million</strong> per month. On the other hand, it costs $30K-$50K to create content for the social  game (or even less). No wonder, some 3,000 game developers in Russia and neighboring countries started making social games. Both Russian venture capital investors and Western venture capital funds, who expect the Russian social games market to explode, have started fueling the growth with fresh funds. Last December, <strong>Nival Network</strong> said <a href="http://blog.quintura.com/2009/11/24/online-game-developer-nival-network-to-raise-5-million/" target="_blank">it&#8217;s closing <strong>$5 million</strong> round</a>.</p>
<p><a href="http://www.drimmi.ru/" target="_blank"><strong>Drimmi</strong></a>, social games developer founded in 2009 by <a href="http://blog.quintura.com/2009/12/29/top-10-internet-ceos-in-russia/" target="_blank"><strong>Nikita Sherman</strong></a>, former chairman of<strong> Odnoklassniki.ru</strong>, has raised an undisclosed funding from <a href="http://blog.quintura.com/2009/12/30/top-10-russian-venture-capital-internet-investors/" target="_blank"><strong>Mangrove Capital Partners</strong> and <strong>ABRT Fund</strong></a>. <strong>David Waroquier</strong>, partner at <a href="http://www.mangrove-vc.com" target="_blank"><strong>Mangrove Capital Partners</strong></a>, led the round on behalf of the Luxembourg-based venture capital firm. <strong>David Waroquier</strong> pointed to the <strong>Russian social gaming market&#8217;s</strong> &#8220;high levels of users engagement and strong monetization history&#8221; in <strong>Drimmi&#8217;s</strong> official deal announcement. The funds agreed to invest <strong>several million</strong> into <strong>Drimmi</strong> in exchange for over a twenty percent stake in the company. <a href="http://www.mangrove-vc.com/" target="_blank"><strong> Mangrove Capital</strong></a> is also an investor in online trivia game maker <a href="http://www.amuso.com/" target="_blank"><strong>Amuso</strong></a>.</p>
<p><img class="alignleft" src="http://goo.gl/NlI3" alt="" width="195" height="162" />Founded in September 2009,<strong> <a href="http://www.drimmi.com" target="_blank">Drimmi</a></strong> has a team of twenty game developers and marketers in Moscow. <strong>Drimmi</strong>, which is headed by CEO <strong>Nikita Sherman</strong> and COO <strong>Viktor Zakharchenko</strong>, aims to become <strong>#1 Russian social games developer</strong>.</p>
<p>The investment will be used for games development and launch on Russian social networks <strong>Vkontakte</strong>, <strong>Odnoklassniki.ru</strong> and <strong>MoiMir@Mail.ru</strong>. The first game will be released in a few weeks with more than ten games to follow in 2010. <a href="http://blog.quintura.com/2009/12/29/top-10-internet-ceos-in-russia/" target="_blank"><strong>Drimmi CEO</strong></a> <strong>Nikita Sherman</strong> also worked as CEO of Russia&#8217;s leading online dating platform <strong>Mamba</strong>, where he introduced micro-payments for premium services.</p>
<p><a href="../2009/12/30/top-10-russian-venture-capital-internet-investors/" target="_blank"><strong>Mangrove Capital</strong> and </a><strong><a href="../2009/12/30/top-10-russian-venture-capital-internet-investors/" target="_blank">ABRT</a> </strong>previously teamed up in Russia to invest in visual-based search engine <a href="http://www.quintura.com/" target="_blank"><strong>Quintura</strong></a>, in-game advertising company <a href="http://entermedia.ru/" target="_blank"><strong>EnterMedia</strong></a> and online shopping club <a href="http://www.kupivip.ru/" target="_blank"><strong>KupiVIP.ru</strong></a> (which just raised <a href="http://blog.quintura.com/2010/01/18/accel-partners-mangrove-capital-others-invest-20-million-in-russian-online-shopping-club-kupivip-ru/" target="_blank"><strong>$20 million </strong>from <strong>Accel</strong>, <strong>Mangrove</strong> and the others.</a>)</p>
<p>The Russian social network users shall expect a lot of new social games in 2010. For example, the game <strong>Vesely Fermer</strong> (<strong>Веселый Фермер</strong>) was developed by <strong>i-Jet, </strong>an Yekaterinburg-based company with studios in Nizhniy Tagil and Chelyabinsk.</p>

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		<title>Accel Partners, Mangrove Capital, Others Invest $20 Million in Russian Online Shopping Club KupiVIP.ru</title>
		<link>http://blog.quintura.com/2010/01/18/accel-partners-mangrove-capital-others-invest-20-million-in-russian-online-shopping-club-kupivip-ru/?&amp;owa_from=feed&amp;owa_sid=</link>
		<comments>http://blog.quintura.com/2010/01/18/accel-partners-mangrove-capital-others-invest-20-million-in-russian-online-shopping-club-kupivip-ru/#comments</comments>
		<pubDate>Mon, 18 Jan 2010 10:41:46 +0000</pubDate>
		<dc:creator>Quintura</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Web 2.0]]></category>
		<category><![CDATA[Accel Partners KupiVIP.ru]]></category>
		<category><![CDATA[KupiVIP.ru]]></category>
		<category><![CDATA[KupiVip.ru 20m]]></category>
		<category><![CDATA[KupiVIP.ru CEO]]></category>
		<category><![CDATA[KupiVIP.ru funding]]></category>
		<category><![CDATA[KupiVIP.ru investors]]></category>
		<category><![CDATA[KupiVIP.ru round]]></category>
		<category><![CDATA[Mangrove Capital KupiVIP.ru]]></category>
		<category><![CDATA[Oskar Hartmann]]></category>
		<category><![CDATA[Russian online shopping]]></category>
		<category><![CDATA[Russian online shopping club]]></category>

		<guid isPermaLink="false">http://blog.quintura.com/?p=5419</guid>
		<description><![CDATA[The online shopping club KupiVIP.ru, which is operated in Moscow by Privat Trade Ltd and organizes designer brand online sales in fashion and fashion accessories with large discounts off boutique prices, has raised $20 million in the third round of funding, KupiVIP.ru CEO Oskar Hartmann reported. The round was led by Accel Partners. Previous investors [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://kupivip.ru"><img class="alignleft" src="http://www.upnorm.de/news/images/news39_main01.jpg" alt="" width="240" height="147" /></a>The online shopping club <a title="KupiVIP" href="http://kupivip.ru/"><strong>KupiVIP.ru</strong></a>, which is operated in Moscow by<strong> Privat Trade Ltd</strong> and organizes designer brand online sales in fashion and fashion accessories with large discounts off boutique prices, has raised <strong>$20 million</strong> in the third round of funding, <strong>KupiVIP.ru CEO</strong> <a href="http://blog.quintura.com/2009/12/29/top-10-internet-ceos-in-russia/" target="_blank"><strong>Oskar Hartmann</strong></a> reported. The round was led by <a href="http://www.accel.com" target="_blank"><strong>Accel Partners</strong></a>. Previous investors <a title="Mangrove Capital Partners" href="http://www.mangrove-vc.com/"><strong>Mangrove Capital Partners</strong></a>, <a href="http://www.arlan.ru/"><strong>Arlan</strong></a>, <a href="http://blog.quintura.com/2009/12/14/otto-group-expands-in-russia/" target="_blank"><strong>Direct Group</strong></a>, and <strong>Oliver Jung</strong> also participated. <strong>KupiVIP.ru,</strong> which previously raised <a href="http://blog.quintura.com/2009/03/26/online-shopping-club-kupivipru-raises-8-million-second-round/" target="_blank"><strong>$11 million</strong></a>, has attracted the largest amount of venture capital in ecommerce venture in Russia, the company said.</p>
<p><strong><a title="KupiVIP" href="http://kupivip.ru/"><strong>KupiVIP.ru</strong></a></strong> has reached over <strong>1.3 million</strong> registered users in January 2010. The company, which organized more than 1,200 sales events with 500 brands in 2009, has over 150 employees.</p>
<p><strong>KupiVIP.ru</strong> was named <a href="http://blog.quintura.com/2009/12/28/top-10-russian-web-startups-of-2009/" target="_blank"><strong>top Russian web startup</strong> of <strong>2009</strong></a>.</p>
<p><strong>Mangrove Capital</strong> is also investor in visual search engine <a href="../2009/03/26/2008/10/21/quintura-awarded-first-patent-launches-site-search-in-us-market/"><strong>Quintura</strong></a> and in-game advertising company <a href="../2009/03/26/2008/05/22/mangrove-capital-bets-on-russian-in-game-advertising/"><strong>EnterMedia</strong></a>.</p>

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		<title>Top 10 Russian Web Startups of 2009</title>
		<link>http://blog.quintura.com/2009/12/28/top-10-russian-web-startups-of-2009/?&amp;owa_from=feed&amp;owa_sid=</link>
		<comments>http://blog.quintura.com/2009/12/28/top-10-russian-web-startups-of-2009/#comments</comments>
		<pubDate>Mon, 28 Dec 2009 07:47:10 +0000</pubDate>
		<dc:creator>Quintura</dc:creator>
				<category><![CDATA[Inside View]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Tech]]></category>
		<category><![CDATA[Web 2.0]]></category>
		<category><![CDATA[ABRT Fund]]></category>
		<category><![CDATA[CloudMatch]]></category>
		<category><![CDATA[Evernote]]></category>
		<category><![CDATA[iCore Software]]></category>
		<category><![CDATA[iii.ru]]></category>
		<category><![CDATA[Kite Ventures]]></category>
		<category><![CDATA[KupiVIP.ru]]></category>
		<category><![CDATA[Russian venture capital]]></category>
		<category><![CDATA[Safe'n'Sec]]></category>
		<category><![CDATA[SafenSoft]]></category>
		<category><![CDATA[top 10 Russian internet startups 2009]]></category>
		<category><![CDATA[Top 10 Russian Web Startups 2009]]></category>
		<category><![CDATA[VidiMAX]]></category>
		<category><![CDATA[Wi2Geo]]></category>
		<category><![CDATA[WikiMart.ru]]></category>
		<category><![CDATA[WomanJournal.ru]]></category>
		<category><![CDATA[А-я-яй.ру]]></category>

		<guid isPermaLink="false">http://blog.quintura.com/?p=5026</guid>
		<description><![CDATA[Russia has become the second largest Internet market in Europe with over 40 million internet users. We at Quintura would like to introduce top 10 Russian internet startups of 2009.
The list includes startup internet companies from Russia, which launched new online services and raised venture capital funding in 2009. The below startups were involved in [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Russia</strong> has become the <strong>second largest Internet market </strong>in Europe with over <strong>40 million</strong> internet users. We at <a href="http://affiliates.quintura.com/" target="_self"><strong>Quintura</strong></a> would like to introduce <strong>top 10 Russian internet startups of 2009</strong>.</p>
<p>The list includes startup internet companies from Russia, which launched new online services and raised venture capital funding in 2009. The below startups were involved in major <strong>Russian venture capital</strong> deals in 2009.</p>
<p><strong>1. </strong>The leading Russian online shopping club,<strong> </strong><a href="http://www.kupivip.ru" target="_blank"><strong>KupiVIP.ru</strong></a> has reached over <strong>1 million</strong> registered users since launch in late 2008. Founded by <strong>CEO Oskar Hartmann</strong>, the Moscow-based company raised a new funding of over <strong>$10 million</strong> from <a href="http://blog.quintura.com/2009/03/26/online-shopping-club-kupivipru-raises-8-million-second-round/" target="_blank"><strong>Mangrove Capital Partners</strong>, <strong>ABRT Fund</strong>, <strong>Arlan</strong></a> and <strong>Direct Group</strong> in 2009.</p>
<p><a href="http://kupivip.ru/"><img src="http://www.upnorm.de/news/images/news39_main01.jpg" alt="" width="288" height="176" /></a></p>
<p><strong>2. </strong>The major independent women-centric online portal in Russia,<strong> </strong><a href="../2008/10/22/trio-of-french-vc-investors-funds-russian-women-site/" target="_self"><strong>WomanJournal.ru</strong></a> has recently re-launched the site. Founded by French <strong>Direct Group</strong> in late 2006, <a href="http://blog.quintura.com/2009/11/27/major-russian-women-centric-sites-womanjournal-ru-and-passion-ru-to-merge/" target="_blank"><strong>WomanJournal.ru</strong> agreed to merge with <strong>Passion.ru</strong></a> in November 2009 to create the online market leader for Russian women with over <strong>5 million</strong> monthly users.</p>
<p><img src="http://www.wmj.ru/controls/templates/bumajko/master/common/image/logo.gif" alt="" width="453" height="85" /><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><strong>3. </strong>The electronic note application service,<strong> <a href="http://www.evernote.com" target="_blank">Evernote</a></strong> has reached 2 million users by launching versions for all major mobile and computer desktop platforms. Founded by <strong>Stepan Pachikov</strong> in 2006, <strong>Evernote </strong>raised a new funding of <a href="http://blog.quintura.com/2009/11/17/morgenthaler-ventures-leads-10-million-series-b-investment-in-evernote/" target="_blank"><strong>$12 million</strong> from <strong>Morgenthaler Ventures</strong> and </a><strong><a href="http://blog.quintura.com/2009/11/17/morgenthaler-ventures-leads-10-million-series-b-investment-in-evernote/" target="_blank">DOCOMO Capital</a> </strong>in 2009 to expedite growth by releasing local language versions and expanding software OS platforms.</p>
<p><img class="alignleft" src="http://www.evernote.com/about/media/img/logo.png" alt="" width="196" height="49" /></p>
<p><span style="color: #ffffff"><strong> </strong></span></p>
<p><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.<br />
</span></p>
<p><strong>4.</strong> On-demand online movie service, <a href="http://www.vidimax.ru/" target="_blank"><strong>VidiMAX</strong></a> is expected to launch in spring 2010. The company raised more than <a href="http://blog.quintura.com/2009/09/21/troika-invests-425-milion-in-vidimax/" target="_blank"><strong>$4 million </strong>from<strong> Troika Venture Fund</strong></a> ahead of the launch.</p>
<p><img class="alignleft" src="http://blog.quintura.com/wp-content/uploads/2009/09/vidimax.png" alt="" width="211" height="56" /><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><strong>5. </strong>Founded in the middle of 2008, Russia&#8217;s first online shopping mall, <a href="http://wikimart.ru" target="_blank"><strong>WikiMart</strong></a> boasts high-profile business angel investors. The company, which raised <a href="http://blog.quintura.com/2009/11/23/western-business-angels-invest-in-wikimart-online-shopping-mall/" target="_blank">several hundred thousand dollars from Western investors</a> in May 2009, faces a challenge to grow regular traffic to the site above current 5 thousand daily visitors.</p>
<p><img class="alignleft" src="http://img.wikimart.ru/img/logo.gif" alt="" width="275" height="64" /><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><strong>6. </strong>3D web-enabled social gaming developer, <a href="http://www.cloudmach.com/" target="_blank"><strong>CloudMatch</strong></a> renders the 3D world in a cloud and delivers 3D graphics to Web browsers using AJAX. Founded by <strong>Max Gannutin</strong> and <strong>Andrey Kazakov</strong> in 2009, Mountain View, CA and St. Petersburg, Russia-based <a href="http://www.cloudmach.com/" target="_blank"><strong>CloudMatch</strong></a> offers 3D postcards Facebook application <a href="http://apps.facebook.com/cloudcards" target="_blank"><strong>CloudCards</strong></a> and develops 3D chat/virtual room application <strong>CloudChat</strong>. The company is also involved in co-production of social games with game publishers. <strong>CloudMatch</strong> is looking for its first major venture capital funding.</p>
<p><img class="alignleft" src="http://www.web-ready.ru/userfiles/cloudmach.gif" alt="" width="240" height="43" /></p>
<p><span style="color: #ffffff">.<br />
</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><strong>7.</strong> Personal computer security software vendor,<strong> <a href="http://www.safensoft.us/" target="_blank">SafenSoft</a></strong> delivers new standards of protection against computer viruses, trojans, exploits and hackers. Founded in 2006 by CEO <strong>Mikhail Kalinichenko</strong> as spin-off of StarForce, <strong>SafenSoft</strong> raised <a href="http://blog.quintura.com/2009/05/15/russian-developed-security-software-keeps-raising-new-vc-money/" target="_blank"><strong>$3.6 million</strong> from </a><strong><a href="http://blog.quintura.com/2009/05/15/russian-developed-security-software-keeps-raising-new-vc-money/" target="_blank">Troika Venture Fund</a> </strong>in March 2009 and entered the U.S. market with <strong>SafenSec</strong> products in November 2009.</p>
<p><img class="alignleft" src="http://www.safensoft.us/images/Image/boxes/SNS2009_Personal_ENG.gif" alt="" width="125" height="136" /><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><strong>8. </strong>Virtual computing company <a href="http://icoresoftware.com/" target="_blank"><strong>iCore Software</strong></a> has launched beta version of <strong>iCore Virtual Accounts </strong>(<strong>VA</strong>), container-based virtualization for Windows desktop<span style="font-family: 'Arial','sans-serif';font-size: 10pt">, </span>for free download. <strong>iCore VA</strong> are isolated virtual machines that run on top of existing hardware and operating system. Founded in 2007 by <strong>Moscow Institute of Physics and Technology</strong> PhD students <strong>Artem Prokopenko</strong> and <strong>Nikita Parfenov</strong>, <strong>iCore Software</strong> raised seed funding from <strong>ABRT Fund</strong>.</p>
<p><img class="alignleft" src="http://icoresoftware.com/i/icore-software.gif" alt="" width="116" height="42" /><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><strong>9. </strong>Create-your-own-avatar (&#8221;inf&#8221;) service &#8220;<a href="http://iii.ru/" target="_blank"><strong>А-я-яй.ру</strong></a>&#8221; (<strong>iii.ru</strong>) was launched in March 2009 by online expert systems and virtual assistant service developer <a href="http://nanosemantics.ru/" target="_blank"><strong>Nanosemantics</strong></a>. In June 2009, <strong><a href="http://iii.ru/" target="_blank"><strong>iii.ru</strong></a> </strong>reached 100,000 registered users. The avatar can be trained and embedded into your own site or blog. The company is funded by <strong>Natalya Kaspersky</strong>, CEO of <strong>InfoWatch</strong> and her husband <strong>Igor Ashmanov</strong>.</p>
<p><img class="alignleft" src="http://www.iii.ru/i/3/logo.gif" alt="" width="248" height="90" /></p>
<p><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><strong>10.</strong> WiFi-based geolocation service provider<strong> <a href="http://www.wi2geo.ru" target="_blank">Wi2Geo</a></strong> (Wireless to Geographic) offers its online and mobile users a range of location-based services from its online partners. Launched in Moscow in July 2008, <strong>Wi2Geo</strong> has raised funding from<strong> Kite Ventures</strong> of Edward Shenderovich.</p>
<p><img class="alignleft" src="http://www.wi2geo.ru/images/logo.gif" alt="" width="146" height="60" /><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>
<p><span style="color: #ffffff">.</span></p>

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		<title>Russian-Founded JS-Kit Evolves into Echo</title>
		<link>http://blog.quintura.com/2009/12/15/russian-founded-js-kit-evolves-into-echo/?&amp;owa_from=feed&amp;owa_sid=</link>
		<comments>http://blog.quintura.com/2009/12/15/russian-founded-js-kit-evolves-into-echo/#comments</comments>
		<pubDate>Tue, 15 Dec 2009 19:08:18 +0000</pubDate>
		<dc:creator>Quintura</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Tech]]></category>
		<category><![CDATA[Web 2.0]]></category>
		<category><![CDATA[Echo]]></category>
		<category><![CDATA[JS-Kit Echo]]></category>
		<category><![CDATA[JS-Kit Echo CEO]]></category>
		<category><![CDATA[JS-Kit Echo founder]]></category>
		<category><![CDATA[Khris Loux]]></category>
		<category><![CDATA[Lev Walkin]]></category>
		<category><![CDATA[site comment system]]></category>
		<category><![CDATA[site comment widget]]></category>

		<guid isPermaLink="false">http://blog.quintura.com/?p=4615</guid>
		<description><![CDATA[JS-Kit, which was founded by Russian engineer Lev Walkin, has changed its name to Echo, the company said on its blog. The rebranding reflects JS-Kit&#8217;s evolution from a provider of comment and other social widgets for online publishers into a reverse syndication service for social media conversations.
Most of Echo&#8217;s traffic comes from its top ten [...]]]></description>
			<content:encoded><![CDATA[<p><strong><img class="alignleft" src="http://blog.js-kit.com/wp-content/uploads/2009/12/logo-jointherealtimeweb1.png" alt="" width="176" height="176" /><a href="http://js-kit.com/" target="_blank">JS-Kit</a></strong>, which was founded by Russian engineer Lev Walkin, has changed its name to <a href="http://js-kit.com/" target="_blank"><strong>Echo</strong></a>, the company said on its <a href="http://blog.js-kit.com/2009/12/15/announcing-a-new-brand-mission-and-customers/" target="_blank">blog</a>. The rebranding reflects <strong>JS-Kit</strong>&#8217;s evolution from a provider of comment and other social widgets for online publishers into a reverse syndication service for social media conversations.</p>
<p>Most of <strong>Echo&#8217;s</strong> traffic comes from its top ten customers such as <a href="http://news.cnet.com/8301-17939_109-10396826-2.html?tag=mncol;title">CBS/CNet</a>, <a href="http://www.discoverynews.com/">Discovery News</a>, <a href="http://www.poconorecord.com/apps/pbcs.dll/article?AID=/20091210/NEWS/912109991">Dow Jones Local Media Group</a>, Hearst Digital News, and others, according <strong>JS-Kit Echo</strong> <strong>CEO</strong> <a href="http://www.techcrunch.com/2009/12/15/js-kit-echo/" target="_blank">Khris Loux</a>.</p>
<p>Launched in 2006, <strong>Echo</strong> (<strong>JS-Kit</strong>) raised <a href="http://blog.quintura.com/2008/10/15/russian-founded-widget-provider-scores-new-funding/" target="_blank"><strong>$5 million</strong> in venture capital</a>. It offers its commenting service to online publishers on subscription basis. The <strong>Echo</strong> (<strong>JS-Kit</strong>) team of 23 including managers and engineers is based in the U.S. and Russia.</p>

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		<title>Online Game Developer Nival Network to Raise $5 Million</title>
		<link>http://blog.quintura.com/2009/11/24/online-game-developer-nival-network-to-raise-5-million/?&amp;owa_from=feed&amp;owa_sid=</link>
		<comments>http://blog.quintura.com/2009/11/24/online-game-developer-nival-network-to-raise-5-million/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 10:38:03 +0000</pubDate>
		<dc:creator>Quintura</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Web 2.0]]></category>
		<category><![CDATA[1C Nival]]></category>
		<category><![CDATA[Nival CEO]]></category>
		<category><![CDATA[Nival founder]]></category>
		<category><![CDATA[Nival funding]]></category>
		<category><![CDATA[Nival Network]]></category>
		<category><![CDATA[Nival Network investment]]></category>
		<category><![CDATA[Russian casual game market]]></category>
		<category><![CDATA[Russian online game]]></category>
		<category><![CDATA[Russian online game developer]]></category>
		<category><![CDATA[Russian online game market]]></category>
		<category><![CDATA[Sergey Orlovskiy]]></category>

		<guid isPermaLink="false">http://blog.quintura.com/?p=4078</guid>
		<description><![CDATA[Online game developer Nival Network is  closing $5 million round from an undisclosed investor, revealed Sergey Orlovskiy, founder and CEO of Nival Group to Vedomosti newspaper. Nival Network is going to invest  the funds into development of Prime World, online strategy game with social networking elements.

Formed in September 2008, Nival Network develops, publishes [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.zzima.com/pw/"><img class="alignleft size-thumbnail wp-image-4084" src="http://blog.quintura.com/wp-content/uploads/2009/11/PrimeWorld-150x150.PNG" alt="" width="150" height="150" /></a>Online game developer <a href="http://www.nival.com/" target="_blank"><strong>Nival Network</strong></a> is  closing <strong>$5 million</strong> round from an undisclosed investor, revealed <strong>Sergey Orlovskiy</strong>, founder and CEO of <strong>Nival Group</strong> to <a href="http://www.vedomosti.ru/newspaper/article/2009/11/24/219625" target="_blank">Vedomosti</a> newspaper. <strong>Nival Network</strong> is going to invest  the funds into development of <a href="http://www.zzima.com/pw/" target="_blank"><strong>Prime World</strong></a>, online strategy game with social networking elements.<strong><br />
</strong></p>
<p>Formed in September 2008, <a href="http://www.nival.com/" target="_blank"><strong>Nival Network</strong></a> develops, publishes and operates free-to-play online games in Russia and former Soviet countries. The company has game development studios in Moscow and Minsk. <strong>Nival Network</strong> is currently majority owned by <strong>Sergey Orlovskiy</strong>. Software vendor <strong><a href="http://blog.quintura.com/2009/04/29/the-largest-russian-software-company-to-raise-private-equity/" target="_blank">1C Group</a> </strong>owns a 30% stake in <strong>Nival Network</strong>.</p>
<p><strong>Nival</strong> operates a leading Russian online gaming and social networking portal <a href="http://www.zzima.com/" target="_blank"><strong>ZZima</strong></a>. The company&#8217;s game portfolio includes such MMORPG titles as <strong>Dragonica; Shaiya: Light and Darkness;</strong> <strong>Cabal Online</strong>, multiplayer racer <strong>Level-R</strong>, browser-based strategy offering <strong>Khan Wars 2.0</strong> and music game <strong>RockFree</strong>.</p>
<p>The <strong>Russian online game market </strong>is valued at <a href="http://blog.quintura.com/2009/10/26/russian-online-games-market-to-hit-238-million-in-2009/" target="_blank"><strong>$238 million</strong></a> in 2009, of which <strong>MMOGs</strong> account for <strong>$210 million</strong> and <strong>casual games</strong> account for <strong>$28 million</strong>.</p>

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		<title>Quintura Kids Named Top 5 Search Engine for Kids</title>
		<link>http://blog.quintura.com/2009/11/17/quintura-kids-named-top-5-search-engine-for-kids/?&amp;owa_from=feed&amp;owa_sid=</link>
		<comments>http://blog.quintura.com/2009/11/17/quintura-kids-named-top-5-search-engine-for-kids/#comments</comments>
		<pubDate>Tue, 17 Nov 2009 16:43:54 +0000</pubDate>
		<dc:creator>Quintura</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Quintura Search]]></category>
		<category><![CDATA[Web 2.0]]></category>
		<category><![CDATA[kids search engine]]></category>
		<category><![CDATA[Pandia kids]]></category>
		<category><![CDATA[Per and Susanne Koch]]></category>
		<category><![CDATA[top 5 search engines for children]]></category>
		<category><![CDATA[top 5 search engines for kids]]></category>
		<category><![CDATA[top search engine for kids]]></category>
		<category><![CDATA[top search for kids]]></category>

		<guid isPermaLink="false">http://blog.quintura.com/?p=3989</guid>
		<description><![CDATA[Our visual search engine for children Quintura Kids has been named among the Top 5 Search Engines for Kids by Pandia Search Engine News. The list of top 5  search engines for kids includes Ask Kids, Boolify, Quintura Kids, StudySearch and KidRex.
Per and Susanne Koch, editors of Pandia, said about Quintura Kids:
“..If these are not [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://quinturakids.com"><img class="alignleft" src="http://quinturakids.com/i/spacer.gif" alt="" width="1" height="1" /></a><a href="http://quinturakids.com"><img class="alignleft" src="http://quinturakids.com/i/spacer.gif" alt="" width="1" height="1" /></a><a href="http://quinturakids.com"><img class="alignleft size-thumbnail wp-image-3995" src="http://blog.quintura.com/wp-content/uploads/2009/11/Quintura-for-Kids-screenshot-150x150.PNG" alt="" width="150" height="150" /></a>Our visual search engine for children <a href="http://quinturakids.com" target="_blank"><strong>Quintura Kids</strong></a> has been named among the <strong>Top 5 Search Engines for Kids</strong> by <a href="http://www.pandia.com/sew/2272-top-5-search-engines-for-kids.html" target="_blank"><strong>Pandia Search Engine News</strong></a>. The list of top 5  search engines for kids includes Ask Kids, Boolify, Quintura Kids, StudySearch and KidRex.</p>
<p><strong>Per and Susanne Koch</strong>, editors of <a href="http://www.pandia.com/" target="_blank"><strong>Pandia</strong></a>, said about <strong><a href="http://quinturakids.com/" target="_blank"><strong>Quintura Kids</strong></a></strong>:</p>
<p><em>“</em><em>..If these are not what you were looking for, a search cloud hovers above: Your search term is highlighted in the middle of related terms. As you point your mouse to the terms in the cloud, <strong>Quintura</strong> modifies your query and the search results. Even though this might not be as intuitive as Boolify, it is easy to understand how <strong>Quintura Kids</strong> works.”</em></p>
<p>The<strong> Quintura search cloud</strong> helps to <strong>determine user intent</strong> and gives search directions. In addition to <a href="http://www.quinturakids.com/" target="_blank"><strong>Quintura Kids</strong></a>, <strong>Quintura</strong> offers hosted site search service for online publishers, <a href="http://affiliates.quintura.com/" target="_blank"><strong>Quintura Site Search.</strong></a></p>

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		<title>Morgenthaler Ventures Leads $10 Million Series B Investment in Evernote</title>
		<link>http://blog.quintura.com/2009/11/17/morgenthaler-ventures-leads-10-million-series-b-investment-in-evernote/?&amp;owa_from=feed&amp;owa_sid=</link>
		<comments>http://blog.quintura.com/2009/11/17/morgenthaler-ventures-leads-10-million-series-b-investment-in-evernote/#comments</comments>
		<pubDate>Tue, 17 Nov 2009 09:58:49 +0000</pubDate>
		<dc:creator>Quintura</dc:creator>
				<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Tech]]></category>
		<category><![CDATA[Web 2.0]]></category>
		<category><![CDATA[electronic note]]></category>
		<category><![CDATA[Evernote]]></category>
		<category><![CDATA[Evernote Morgenthaler Ventures]]></category>
		<category><![CDATA[Evernote series B]]></category>
		<category><![CDATA[Morgenthaler Evernote]]></category>

		<guid isPermaLink="false">http://blog.quintura.com/?p=3979</guid>
		<description><![CDATA[One of the deans of venture capital, Morgenthaler Ventures has led a $10 million Series B round for electronic note application service Evernote, the company announced. Previous investors Troika Dialog and DOCOMO Capital, which invested a total of $6.5 million in Series A, also participated in the round. The investment will be used to expand [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.evernote.com"><img class="alignleft" src="http://blog.evernote.com/wp-content/themes/evernote/img/logo.png" alt="" width="196" height="49" /></a>One of the deans of venture capital, <a href="http://www.morgenthaler.com/ventures/" target="_blank"><strong>Morgenthaler Ventures</strong></a> has led a <strong>$10 million</strong> Series B round for electronic note application service <a href="http://www.evernote.com" target="_blank"><strong>Evernote</strong></a>, the company <a href="http://blog.evernote.com/2009/11/16/evernote-raises-10-million-investment/" target="_blank">announced</a>. Previous investors <a href="http://blog.quintura.com/visual-search/?PartnerTopic=QuinturaBlog&amp;lng=en&amp;topicid=2360&amp;tabid=2360&amp;request=evernote" target="_blank"><strong>Troika Dialog</strong> and <strong>DOCOMO Capital</strong></a>, which invested a total of <strong>$6.5 million</strong> in Series A, also participated in the round. The investment will be used to expand the service into more platforms and localize it into multiple languages.</p>
<p>Founded in 2006, <strong>Evernote</strong> has 2 million users. The service, which is available in English and Russian, works online and on mobile devices BlackBerry, iPhone, Windows Mobile and Palm Pre as well as on Windows and Mac computers.</p>
<p><strong>Evernote</strong> utilizes a &#8220;freemium&#8221; business model. The basic service is free but offers a limited amount of online storage space. For a small monthly fee, users get more storage, increased security and can share notes.</p>

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