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Yandex acquires Israeli geo-location technology developer KitLocate

Yandex acquires Israeli geo-location technology developer KitLocate

Mar 18, 2014 | Central & Eastern Europe, MENA, News, Russia

East-West Digital News March 18, 2014 Today Yandex, the Russian search giant, announced the acquisition of Israeli startup KitLocate, the developer of an energy-efficient geolocation technology for mobile devices. The solution provides location capabilities, including...
Russian-American startup iBuildApp raises $525,000 to develop in Asia and Latin America

Russian-American startup iBuildApp raises $525,000 to develop in Asia and Latin America

Mar 14, 2014 | Central & Eastern Europe, News, North America, Russia

East-West Digital News iBuildApp, a California-based startup with Russian roots, has raised $525,000 from Eugene Miller and Constantine Filin to further develop its mobile app building technology and expand internationally. The iBuildApp platform allows anyone to...
Russian CPA platform CityAds raises $5 million with international ambitions

Russian CPA platform CityAds raises $5 million with international ambitions

Mar 5, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News March 5, 2014 Klever Internet Investments, the technology branch of a major Russian private investor, Klever Asset Management, has received a minority stake in CityAds Media, a Moscow-based international affiliate marketing and performance...
Travel metasearch engine Aviasales secures $10 million from iTech Capital

Travel metasearch engine Aviasales secures $10 million from iTech Capital

Feb 11, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News iTech Capital, a Russian PE & VC fund, announced today an investment of $10 million in Aviasales.ru, a leading search engine for flights and hotel bookings. The terms of the deal have not been disclosed, but the fund told East-West Digital...
World Bank Group’s IFC invests €10 million in online fashion retailer Lamoda.ru

World Bank Group’s IFC invests €10 million in online fashion retailer Lamoda.ru

Jan 28, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News Lamoda, a leading Russian online fashion retailer, announced today an equity investment of €10 million from IFC, a member of the World Bank Group. This investment – the first by IFC in Lamoda – aims to “support the company’s expansion as...
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