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Russia’s Target Ventures opens office in San Francisco, invests $13 million in P2P lending platform Prosper
In a new illustration of the invest-abroad trend among Russian investors, Target Ventures announced last month the opening of an office in San Francisco. The fund’s first US investment went to Prosper, a leading US peer-to-peer lending marketplace, which received $13 million, as reported by Russian tech blog Rusbase....
1670
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21 July 2015
Major software engineering conference invites speaker submissions
CEE-SECR is the premier software engineering conference in Russia. The 2015 edition of the conference will take place on October 22-23 at the Digital October Center in Moscow. Nearly 1,000 industry specialists, representing all IT areas, are expected to attend the event....
1287
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21 July 2015
Personal data storage law: Russian authorities might postpone Sept. 1 deadline
Russia will address Internet firms’ concerns about meeting a deadline to comply with a law forcing them to move the personal data of Russian citizens onto servers inside the country, a Kremlin spokesman said on Monday. Under a law last year, Internet sites that store the personal data of Russian citizens must do so on Russian servers from September. Moscow has said the law is aimed at p...
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21 July 2015
Putin signs ‘right to be forgotten’ bill into law
The Russian President has signed into force the act that orders all internet search engines to delete links leading to spurious or dated information about Russian citizens should they request it....
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21 July 2015
Titanium and TMT invest in Israeli mobile “techy concierge”
In late June Tel Aviv-based Drippler, which provides personalized recommendations on apps, features, and accessories, announced that it raised $4.5 million in Series A funding which involved two Russia-connected funds –  Titanium Investments, which led the round, and TMT Investments....
1638
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21 July 2015
PCCW Global’s ability to serve broadcasters draws on an internationally-acclaimed IPTV pedigree and rich portfolio of media solutions
An OTT and online TV business seminar in Moscow, organized by PCCW Global in partnership with J’son & Partners Consulting, drew leading Russian and international telecommunications companies as well as prominent TV and OTT players....
1266
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20 July 2015
NEW GSMA STUDY SEES MOBILE INDUSTRY CONTRIBUTING $1.1 TRILLION TO ASIA PACIFIC ECONOMY
Latest GSMA Mobile Economy Report Finds Asia Pacific Leading Global Mobile Growth  ...
1210
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15 July 2015
Maxfield Capital invests in “magic” Californian farming data platform
Maxfield Capital, a venture fund operating globally from its offices in Moscow, New York City and Tel Aviv, has invested “up to $500,000″ in OnFarm. This Fresno, California-based startup defines itself as an “Internet-of-Things platform that enables a comprehensive array of leading farm hardware technologies into a single grower-friendly management and decision platform.&rdq...
1161
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14 July 2015
RetailCRM raises $600,000 from Edison.VC, eyes international expansion
Last month RetailCRM secured $600,000 from Edison.VC, as reported by Russian tech blog Rusbase. This Series A round is intended to accelerate product development and commercial expansion, including in foreign market, the company announced....
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14 July 2015
International event to highlight Russian Internet of Things
The Internet of Things Conference, Expo and Meetup  – the first and only so far regular event dedicated to this industry in Russia – will hold its second edition in late October in Moscow....
1197
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14 July 2015
Russian tech players develop new ties with Singapore
Skolkovo, the international tech hub under completion on the outskirts of Moscow, is seeking to forge new partnerships and cement existing ties in Southeast Asia....
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14 July 2015
Life.Sreda teams up with Asian fund Marvelstone to invest $20 million in fintech startups
In a new move to penetrate the Asian markets, Russian fintech fund Life.Sreda has inked a memorandum of understanding with Marvelstone Partners, a Seoul, South Korea-based investment group. The two partners intend to launch a $20 million fund targeting fintech startups in South Korea and other Asian countries....
1129
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14 July 2015
Israeli social analytics startup Klear secures $1.5 million from Altair and TMT
Israeli startup Klear, formerly known as Twtrland, has raised $1.5 million in new funding from Altair and TMT Investments, two international venture funds with Russian backers....
1162
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14 July 2015
Almost half of Russians now use electronic payment methods
Last month Yandex and its subsidiary Yandex.Money released two studies on the Russian e-payment industry. Even though cash on delivery still dominates where physical goods are concerned, Russians are now fully aware of the main available electronic payment methods, according to Yandex.Money, which teams up every spring with TNS to conduct its research....
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7 July 2015
Global players challenged by new Russian law on personal data storage
Just two months before the new Russian law on personal data storage will come into effect, many international players are implementing the necessary steps to comply with it....
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7 July 2015
NSA and GHCQ targeted Kaspersky Lab and other antivirus developers, say Snowden documents
New documents provided by former American secret service employee-turned whistleblower Edward Snowden claim that the U.S. and UK security services have been carrying out attacks against antivirus developers around the world, including Russian company Kaspersky Lab....
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7 July 2015
Intel Ignition IoT Labs Intel launches IoT Lab in Russia
Intel is announcing the opening of an “IoT Ignition Labs” in Moscow. With a focus on Smart building, Smart City, and Retail, the Moscow lab “offers tools, technology and engineering know-how to those in the industry keen to take IoT projects into commercial deployment.”...
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7 July 2015
Almaz Capital invests in Californian startup MakeTime to “revolutionize US manufacturing”
MakeTime Inc., an online platform offering machine capacity for immediate purchase, today announced a $2.65 million Series A round of funding led by Almaz Capital with participation from Kentucky Science & Technology Corporation (KSTC) and MakeTime’s early investors....
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7 July 2015
U.S. goes after $300 million in alleged bribes paid by Russian telecom giants
The U.S. has filed to seize $300 million that it claims was paid in bribes by two major Russian telecoms firms to a close relative of Uzbek President Islam Karimov in exchange for access to the Uzbek telecoms market, news agency Bloomberg reported Tuesday....
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7 July 2015
Ulmart confirms IPO plans in 2016, considers private equity deal in late 2015
Earlier this month Ulmart, Russia’s leading e-commerce company, announced several new steps towards its planned IPO. JPMorgan and UBS have been appointed to prepare the operation, which may take place in spring next year, according to Ulmart chairman Dmitry Kostygin....
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7 July 2015
Can your iron attack you? Kaspersky says ‘yes’
Last week, public attention was once again drawn to one of the most secretive and controversial figures of the Russian IT industry – Eugene Kaspersky, the founder of the prominent anti-virus company. Immediately after Edward Snowden revealed that the U.S. and British security services had worked to subvert the company’s anti-virus software to track users and infiltrate networks, Kasper...
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7 July 2015
LinguaLeo raises $500,000 after cutting 30% of staff
Earlier this month LinguaLeo, a service used by millions of web and mobile users in Russia, Brazil and Turkey to learn English, finally received a $500,000 capital injection from Social Discovery Ventures (SD Ventures) and existing investor Runa Capital....
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29 June 2015
JD.com launches Russian site as first step to global expansion
Last week JD.com, China’s largest online retailer, launched a Russian version of its platform with the stated goal of conquering a 20% share of the Russian e-commerce market....
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29 June 2015
Skolkovo and IBM team up to “extend the healthy productive lives of patients with cancer and other age-related diseases”
Last week IBM signed a memorandum of understanding with Skolkovo, the international tech hub under completion on the outskirts of Moscow, the First Oncology Research and Advisory Center (FORAC), a resident of Skolkovo’s biomedical cluster. The three partner will develop a personalized medical platform in Russia in a joint strategic, technology and commercial collaboration effort....
1272
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29 June 2015
Booking.com confirms commitment to “important Russian market,” gets prepared to comply with personal data storage law
Earlier this month, Booking.com announced that it will comply with Russia’s new law on personal data storage. The global online travel operator will soon transfer all data from the country’s users to a local data center, Russian business daily Kommersant reported....
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29 June 2015
No smoking, please: Russian mobile health technologies
In June 2015 Russia launched the comprehensive project BrosayemKurit.rf (translation: Let’s Quit Smoking). The country celebrated World No Tobacco Day on May 31 with the release of another mobile application, “Smoke Free Area.”...
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29 June 2015
Fintech startup IQcard claims 1 billion ruble monthly turnover, receives new capital injection
Last week IQcard, a startup offering prepaid cards and monetization instruments for retailers’  loyalty programs, has raised an undisclosed amount from Finteca Holdings, a new fintech fund investing in Russia and Eastern Europe....
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29 June 2015
Russian startup contest expands to Serbia, Turkey and UAE
This year Startup Sabantuy, a Kazan, Russia-based startup contest, went as far as Belgrade and Novi Sad (Serbia), Istanbul, and Dubai, in addition to a range of Russian cities, to find and support promising startup together with investors....
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22 June 2015
US-Russia Peer-to-Peer Dialogue Program: Harvard researchers to discuss online media and politics this week in Moscow
This week the Center for New Media & Society will host their colleagues Rob Faris and Bruce Etling from the Berkman Center for Internet and Society at Harvard University for a number of joint events in Moscow....
1008
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22 June 2015
Russian funds Altair and GVA LaunchGurus invest in US startup 1World Online
Earlier this month 1World Online, a US startup founded in 2011 by Russian entrepreneur Alexey Fedoseev, announced the completion of an equity financing A2 round of $2.5 million....
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22 June 2015
Yandex transfers professional network Moi Krug to Thematic Media
Russia’s search giant Yandex has “handed over” Moi Krug, a major professional social network which it acquired back in 2007, to Thematic Media (TM), a publisher of several online tech publications. The transaction was confirmed earlier this month by a Yandex representative to business daily Vedomosti, but no details of the deal have been disclosed....
1216
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22 June 2015
Amid crisis, key Russian e-commerce players claim continued growth
Amid the economic turmoil of this and last year, the Russian online retail market is still appealing in many respects. This consensus emerged from the eDays e-commerce conference, an internationally-oriented event which was held for the second time in Moscow on June 4 and 5....
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22 June 2015
Market experts and tech innovators shared their visions of the future at international e-commerce conference
In its second edition on June 4 and 5, the eDays e-commerce attracted nearly 250 top executives and high-level professionals, some of them joining the event from as far as France, Estonia, Spain, Sweden, the UK and Ukraine....
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22 June 2015
The White Nights Conference: 1,200 mobile and social game developers and marketers expected in St. Petersburg
An international mobile and social game development and marketing conference, The White Nights Conference will open its doors for the seventh time on 26-27 June in St. Petersburg....
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22 June 2015
Panasonic opens R&D center in Skolkovo
Earlier this month Panasonic opened its R&D center in Skolkovo, the international tech hub under completion on the outskirts of Moscow, following an agreement signed in December 2014....
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22 June 2015
UK logo startup launches in Russia following requests “from tens of thousands of local entrepreneurs”
Yesterday Withoomph launched its service in Russian language – along with Brazilian Portuguese, French, German, Italian and Spanish, – providing Russian businessmen with an inexpensive way of getting a professional logotype via an instant online procedure....
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22 June 2015
Geolocation startup Meanwhile raised $100,000 from individual investors
Meanwhile, a Russian startup that has created a mobile interface to “offer a simple and convenient access to all local information,” secured $100,000 from unnamed individual investors. The deal took place in late 2014, but was revealed only last week by Russian tech blog Firrma.ru....
494
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22 June 2015
Hearst Shkulev Media acquires regional online media network Rugion
Hearst Shkulev Media (HSM), a major Russian media group co-owned by Hearst Corporation, has acquired a controlling stake in Rugion, a network of city sites across Russian regions, in a bid to strengthen its existing regional activities. No details of the transaction have been disclosed, but Russian business daily Vedomosti learned from “a source close to one of the parties&rdq...
522
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22 June 2015
KupiVIP launches cross-border e-commerce offer in Kazakhstan
KupiVIP, a major Russian online flash-sales company also operating in Kazakhstan, has extended its cross-border offer to this Central Asian country....
544
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22 June 2015
Gambling affiliate programs section at RACE 2015
The fourth Affiliate Congress and Expo RACE 2015 will be held on 8-9 October 2015. Conference will simultaneously offer several sections, and one of them is gambling affiliate programs section.  ...
498
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19 June 2015
Russia and China decoded encrypted Snowden files, MI6 forced to pull spies out of hostile countries, say UK authorities
MI6 has pulled its spies out of ‘hostile countries’ and America’s intelligence agencies are on high alert after Russia and China cracked encrypted files leaked by fugitive whistleblower Edward Snowden. The top-secret documents contain information that could lead to the identification of British and American spies, according to senior officials in Downing Street, the Hom...
454
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16 June 2015
Russia and Iraq to develop cooperation in the fields of IT and telecommunications
As a result of a meeting earlier this month between the Russian minister of telecommunications and mass media Nikolai Nikiforov and Iraqi ambassador Ismail Mukhsin, the two countries are willing to develop ties in the field of telecommunications, information technologies and postal services....
679
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16 June 2015
Startup Village: Thousands of entrepreneurs, investors and officials gathered in Skolkovo to “think globally”
Startup Village, a major industry event held last week at the Skolkovo international tech hub, greeted more than 10,000 participants: Russian and foreign entrepreneurs, investors, venture fund representatives and government officials, including Russian Prime Minister Dmitry Medvedev....
455
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16 June 2015
Ivideon secures $4 million from Impulse VC to take its video-streaming service global
Ivideon, a Russian startup whose cloud platform allows users to beam video to any device using almost any hardware configuration, has just raised $4 million from Russian venture fund Impulse VC....
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8 June 2015
Alibaba opens Russian company, teams up with Skolkovo
Chinese e-commerce giant Alibaba Group has registered a Russian subsidiary as its subsidiary AliExpress expands its hold over the Russian e-commerce market, Kommersant reported last week....
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8 June 2015
Russia, China to equip trucks with Glonass and Beidou
Russia and China are currently working on a joint project to develop “a navigation device with Glonass/Beidou support” to equip commercial carriers crossing Russia’s border with China. These plans were aired last week by Alexander Bondarenko, Head of the Glonass International Projects Department, at a conference in Novosibirsk....
512
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8 June 2015
Apple iPhone and iPad sales plummet in Russia
Apple has seen the market share of its smartphone in Russia nearly halve year-on-year by number of units sold, as the collapse of the ruble drove up prices, according to a recent report by German market researcher GfK cited by Vedomosti and The Moscow Times....
548
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8 June 2015
Government-backed accelerator GenerationS aims to stimulate startups within Russian corporations
State-owned fund of funds RVC has launched GenerationS 2015, the second edition of its annual initiative to stimulate innovation in large Russian companies. Corporations associated with this “corporate accelerator” include mobile operator MTS, hydroelectricity firm RusHydro, construction group Morton, national savings bank Sberbank, Johnson & Johnson, and more....
630
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4 June 2015
Altair Capital invests in New York mobile ticketing startup Rukkus
Illustrating once again the invest-abroad trend among Russian tech investors, Altair Capital, the fund of Russian serial business angel Igor Ryabenkiy, has invested in New York-based Rukkus. Launched in 2013, this startup offers “the easiest way on mobile to find and buy the perfect concert, sports, or theater ticket.”...
505
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4 June 2015
Roman Abramovich invests $500,000 in Russian-Israeli medical consultation startup
Earlier this week Russian-Israeli startup Medviser announced that it has received half a million US dollars in investment from Roman Abramovich. The transaction was made via an undisclosed entity belonging to the Russian billionaire. It valued the company at $1,7 million post money, with the investor receiving a 30% stake....
779
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4 June 2015