Aug 6, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Moscow-based IT service provider Active Cloud Development has teamed up with Moscow Seed Fund and Softline Venture Partners to develop an innovative IaaS (infrastructure as a service) platform christened “CloudBox.” The three partners have...
Jul 26, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Andrey Korkunov, the founder of a leading candy company, has invested $1 million in Apps4all in exchange for a 15% stake, the Russian business daily Vedmosti reported yesterday. Launched in 2011, Apps4all brings together a community of mobile...
Jul 26, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News The dramatic growth of the Russian venture industry – which was virtually inexistent just 5 years ago – was illustrated earlier this month by Prostor Capital’s announcement of plans to create a second, $60 million fund. With $20 million...
Jul 21, 2013 | Central & Eastern Europe, News, North America, Russia
East-West Digital News How difficult is Russia as an investment destination for an international investor? Acclimation, at least, is not a problem, according to Intel Capital’s President Arvind Sodhani who celebrated the fund’s ten years of activity in Russia earlier...
Jul 18, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Coub.com, a Moscow-based startup launched last year, has just raised $1 million in a Series A round from Phenomen Ventures and Brother Ventures, two emerging Russian funds operating internationally. The startup’s valuation has not been...
