Sep 23, 2014 | Central & Eastern Europe, News, North America, Russia
Runa Capital, a venture firm operating globally from its offices in Moscow and San Francisco, has led a $2.2 million funding round in SchoolMint, a leading provider of mobile and online enrollment systems for US public, charter and private schools. Several US funds...
Sep 12, 2014 | Central & Eastern Europe, News, Russia
Earlier this month Babadu.ru, a children’s goods online retailer, secured a $2.9 million investment from the Internet Initiatives Development Fund (FRII in Russian). The site claims it has “more than tripled in size” and made its brand...
Aug 26, 2014 | Central & Eastern Europe, News, Russia
In a confirmation of the country’s commitment to developing new technologies, the Russian government announced that a fraction of the total assets of the country’s pension savings funds will be invested in the shares of venture capital funds, as well as in securities...
Aug 25, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News In its accounts for the first half of 2014, Mail.ru Group has disclosed the sum it paid in April of this year to Ivan Tavrin for 12% of VKontakte, Russia’s leading social network also known as VK.com. The stake cost the group around $345...