May 29, 2013 | Central & Eastern Europe, News
Leading Russian Internet group Mail.Ru Group announced yesterday that it has poured $1.5 million into the Israeli visual search developer Cortica. The funding is part of a larger round led by other undisclosed investors; it brings the total amount attracted by Cortica...
May 28, 2013 | Central & Eastern Europe, News
East-West Digital News Moscow-based e-learning startup YaKlass has announced that it has secured a seed funding round from Latvia’s Data Pro Group, Russia’s Vesna Investment and entrepreneur Nikita Khalyavin, CNews.ru revealed last week. The amount of the investment...
May 27, 2013 | Central & Eastern Europe, News
East-West Digital News 27 May 2013 RT-Invest, the investment arm of the Russian Technologies State Corporation, has launched a closed private equity fund called “RT-Invest Global Technology I”. The new fund is in fact a sub-fund of the $400 million Global...
May 24, 2013 | Central & Eastern Europe, News
East-West Digital News 23 May 2013 The Grishin Robotics investment company, established by Mail.ru Group CEO Dmitry Grishin, announced yesterday that it has invested $500,000 in Swivl, a robotic video platform for iOS devices. This funding round brings the total...
May 24, 2013 | Central & Eastern Europe, News
East-West Digital News 24 May 2013 Luxoft, a major offshore software developer headquartered in Moscow, announced today that it has filed a registration statement for a proposed initial public offering of its Class A ordinary shares. The book-running managers in the...
May 14, 2013 | Central & Eastern Europe, News
Financial Times – Beyond Brics 13 May 2103 Question: What’s the link between a national airline, a global-brand ski factory and an organic flour producer? Answer: none at all, except in Slovenia, where any half-aware citizen would immediately recognise them as...