Dec 30, 2014 | Central & Eastern Europe, News, Russia
Last week Croice, whose mobile app allows you to create photo stories with a background audio, announced its first round of financing with $500,000 brought in by venture fund Imperious Group. Launched earlier this year by Russian entrepreneur Vadim Zhernov, the St....
Dec 26, 2014 | Central & Eastern Europe, News, Russia
As a busy year draws to a close, RusBase has asked 10 Russian venture capitalists what they think were the most important events of 2014. Andrey Romanenko, Run Capital: “Considering that Run Capital was only founded in April, we think this year was a successful one....
Dec 23, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News A tech startup that is looking to make those hellish trips to the shoe store a thing of the past has won a grant of 15 million rubles (approximately $275,000 at the current exchange rate) from Skolkovo Foundation. Fitanny’s virtual shoe...
Dec 23, 2014 | China, East Asia, News
Yetang, a Chinese site that sells fashion and lifestyle products by smaller brands and designers around the world, has raised $5 million led by DCM. While smaller e-commerce sites face plenty of competition from formidable rivals like Alibaba’s marketplace Taobao,...
Dec 22, 2014 | Central & Eastern Europe, News, Western Europe
TechCrunch The cloud storage business is already crowded, with leading competitors including Dropbox, Google Drive, iCloud, Box, and OneDrive. Hive.im, which just came out of beta, is one of the latest entrants in the space, but it hopes to stand out by turning cloud...
Dec 22, 2014 | India, News, North America, South & Central Asia
Fresh from making its first investment in India last month, News Corp has now completed its first acquisition in the country, buying financial planning service BigDecisions.com as Next Big What first reported. The service is designed to be a one-stop-shop that uses...