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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 [...]

Russian Nikolay Abkairov Founded Qik Bought by Skype for $150 Million

Files under: Mobile, News, Tech, Web 2.0
Posted by: admin @ 04:29 [12. 01. 11]

// Zelenograd, Moscow region Nikolay Abkairov used to manage VoIP technical teams for embedded software developer Spirit DSP. In 2006, Nikolay Abkairov together with former Oracle executives Bhaskar Roy and Ramu Sinkara founded Qik, mobile video streaming service. The trio raised angel funding from Vijay Tella (formerly from Oracle and founder of TIBCO) who became [...]