In contrast to the massive hacker attacks that took place during the parliamentary election on December 4th and over the following weeks, no notable incidents were reported yesterday when Russian voters reelected Vladimir Putin as their president – a sign perhaps of the increased legal risks and political cost for the parties involved. Using computer …
Russian Towers, a Russian company that owns, operates, and leases telecommunication towers, secured a $100 million investment last week from a consortium of investors led by the Macquarie-Renaissance Infrastructure Fund (MRIF), which committed itself to invest half of the total. Another $20 million is coming from emerging market investor ADM Capital, while founding shareholders UFG …
Russian telecom tower operator secures $100 million investment Read More
The Russian matchmaking service Teamo.ru completed a new round of investment earlier this week with a Japanese venture fund operating in Russia, UMJ Russia. While no details have been disclosed as to the amount involved or Teamo’s valuation, the deal brings total investment to date in the Russian service to more than $2 million. Unlike …
Teamo.ru attracts Japanese money, prepares recurring billing system Read More
TimePad, a startup offering a range of online tools for event organizers, announced on Wednesday that it had received an investment of undisclosed size from the Rambler-Afisha group. TimePad’s functions can be compared to those of Eventbrite or Armiando. They include event publication and promotion, through existing contacts and social networks, as well as online registration, …
Online event solution startup TimePad secures investment from Rambler-Afisha Read More
ResumUp, the infographic résumé startup that emerged from two innovation contests last December, is launching a new product, currently in beta testing, bringing some fresh air to online recruiting. While its first product focused on infographic résumés using data from social media profiles, the St. Petersburg startup now takes an extra step, matching visual résumés …
Chinese smartphone manufacturer ZTE has stopped producing smartphones that support both GLONASS and GPS, said Ding Haomin, ZTE’s representative in Russia, in an exchange with CNews.ru, an online publication covering the Russian telecom and IT markets. Haomin explained the decision was motivated by “the absence of demand” for such devices.
M2M Telematics, the leading Russian vehicle telematics solution provider, announced last week it has developed a distant control and surveillance system for hazardous freight transportation using GLONASS, the Russian satellite navigation system. The hazardous transportation solution, which had been ordered by the Federal Transport Supervision Service (FTSS) of the Ministry of Transport, was developed in …
Hazardous freight transportation to be controlled using GLONASS Read More
Russian search giant Yandex is developing a cloud service to store data from computers and mobile devices, Russian business daily Vedomosti reported on Monday. The service, currently referred to by the working name ‘Yandex.Disk,’ will store and sync files of any type and format, from text documents, to video files and photos, as well as …
In a renewed round of innovation cooperation in the post-Soviet area, the Skolkovo Foundation, the Russian organization in charge of building a world-class technology hub near Moscow, is expected to start screening and funding technology start-ups from the neighboring CIS countries. The CIS Economic Council will vest the Foundation next month with full powers to …
Skolkovo’s influence extending to post Soviet countries Read More
In a bid to diversify and assert itself on the fast growing Russian e-commerce market, major mobile retailer Svyaznoy is now catering to travelers and selling furniture and jewelry online. Its most recent project, one the company positions as a ‘travel hypermarket’, Svyaznoy Travel, aims to incorporate both online and offline formats for all travel …
Dreaming of an overseas vacation? Need new furniture? Check out phone retailer Svyaznoy Read More
Scartel, the leading Russian WiMAX operator, working under the Yota brand, will switch to an LTE network in Moscow as early as April 15, CEO Denis Sverdlov told journalists last week. Investment in the project will total $60 million. The new network will make mobile Internet access cheaper and faster than WiMAX, Sverdlov emphasized, as …
nScaled, a provider of cloud-based Recovery-as-a-Service (RaaS) solutions, announced yesterday that it has completed a Series A round of financing, securing $7 million from Almaz Capital, one of the best established Russian venture funds, and Doughty Hanson Technology Ventures, an international investment company, as well as from leading Silicon Valley angel investors.
