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St. Petersburg startup secures $1.2 million in US-Russian funding

St. Petersburg startup secures $1.2 million in US-Russian funding

Jun 24, 2013 | Central & Eastern Europe, News, Russia

Earlier this month, Radario.ru, a St. Petersburg-based e-ticketing service for music and entertainment events, closed a $1.2 million investment deal with undisclosed investors in its second round of funding, bringing its total investment since inception to $1.4...
Video solution developer Sotal-Cloud receives $1 million from public/private investor pool

Video solution developer Sotal-Cloud receives $1 million from public/private investor pool

Jun 21, 2013 | Central & Eastern Europe, News, Russia

Sotal-Cloud, a Moscow-based developer of video content solutions, has raised 31 million rubles (approximately $1 million) of seed capital in its first round of funding from the government-owned RVC Seed Fund and Sotal-Interactive, a provider of innovative solutions...
Tomsk’s new VC fund to back seed-stage efforts

Tomsk’s new VC fund to back seed-stage efforts

Jun 14, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News The Russian venture fever hit the Tomsk region in Siberia last week with the announced launch of a regional seed-stage fund. The new fund is expected to focus on the support of technology developments across the region’s innovation production...
Microsoft Seed Fund backs app development and genetic diagnostics

Microsoft Seed Fund backs app development and genetic diagnostics

Jun 7, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News 7 June 2013 Last week, the Microsoft Russia Seed Fund announced it has disbursed another $160,000 to support Russian startups developing IT projects. A $60,000 grant went to Appercode from Siberia’s Novosibirsk. The Appercode team pushes a...
Russian IT market veteran takes over young web security solutions provider

Russian IT market veteran takes over young web security solutions provider

Jun 4, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News 4 June 2013 Treolan, a dynamic, Moscow-based distributor of hardware and software products, announced last week the takeover of Safeline, a leading, six-year-old, multivendor distributor of IT security solutions in Russia and the former USSR....
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