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Israeli mobile data roaming startup secures $1.3 million from Russian funds IMI.vc and AltaIR

Israeli mobile data roaming startup secures $1.3 million from Russian funds IMI.vc and AltaIR

Feb 21, 2014 | Central & Eastern Europe, MENA, News, Russia

East-West Digital News Earlier this month Keepgo, a Tel Aviv-based mobile data roaming startup operating globally, announced its first venture funding round: $1.3 million at an undisclosed valuation. The capital was brought in by IMI.vc and AltaIR, two Russian funds...
Gazprombank takes control of WebMediaGroup

Gazprombank takes control of WebMediaGroup

Feb 18, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News Gazprombank, an affiliate of the state-controlled gas giant, now has a controlling stake in WebMediaGroup, after acquiring the stake previously held by Rostelecom’s president Sergey Kalugin. WebMediaGroup’s other shareholders are Leader...
Russia’s venture capital industry has grown tenfold since 2007

Russia’s venture capital industry has grown tenfold since 2007

Feb 17, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News Ernst & Young (EY) and RVC, the state-owned fund of funds for developing the Russian venture industry, have just issued a survey on market dynamics titled “Russian and Global Venture Markets, 2007–2013.” According to report, the Russian VC...
iTech Capital Injects $10M Into Aviasales, Taking Minority Stake In Russia’s No.1 Travel Search Engine

iTech Capital Injects $10M Into Aviasales, Taking Minority Stake In Russia’s No.1 Travel Search Engine

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

TechCrunch Russian’s largest travel search engine, Aviasales, which lets consumers find cheap flights and holiday accommodation online or via its apps (operating under the JetRadar brand outside Russia), has bagged a $10 million investment from iTech Capital,...
iTech Capital Injects $10M Into Aviasales, Taking Minority Stake In Russia’s No.1 Travel Search Engine

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...
Slovak Startup Datamolino Bags €500K To Make Accountants’ Lives Less Boring

Slovak Startup Datamolino Bags €500K To Make Accountants’ Lives Less Boring

Feb 6, 2014 | Central & Eastern Europe, News

TechCrunch Spare a thought for accountants. Slovak startup Datamolino has, by building a platform for SMEs to cut through the tedium of manual data entry of invoices and receipts, and it’s proving to be a lucrative idea — as the b2b startup has just...
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