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Microsoft teams up with state fund to support industrial startups

Microsoft teams up with state fund to support industrial startups

Sep 24, 2014 | Central & Eastern Europe, News, North America, Russia

East-West Digital News Last week FRII, the $200 million government-backed startup fund launched last year, and Microsoft announced that they were beginning an industrial accelerator to support startups developing IT solutions for education, healthcare, commerce,...
PRSS Digital Magazine Platform Acquired By Apple

PRSS Digital Magazine Platform Acquired By Apple

Sep 23, 2014 | News, North America, Western Europe

Apple has acquired Dutch digital magazine startup Prss, a platform that makes it easy to create iPad-compatible magazines using tools that don’t require any knowledge of code. The company is essentially a magazine-focused version of iBooks Author, and the deal could...

Russia Partners sells US startup with Ukraine-based IT team to Japan’s Rakuten

Sep 23, 2014 | Central & Eastern Europe, East Asia, News, North America, Russia

East-West Digital News Earlier this month Russia Partners, the Moscow-based private equity affiliate of global alternative investment firm Siguler Guff & Company, announced that Rakuten acquired Slice, a portfolio company in its technology fund. The details of the...
Runa Capital leads $2.2 million round in US school admission startup

Runa Capital leads $2.2 million round in US school admission startup

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...
Yahoo Acquires Bangalore-Based Bookpad

Yahoo Acquires Bangalore-Based Bookpad

Sep 22, 2014 | India, News, North America, South & Central Asia

TechCrunch Is Yahoo working on its own online document creation and collaboration software? That’s the question which immediately comes to mind upon hearing news that the company has now picked up a Bangalore-based startup called Bookpad, makers of Docspad, a service...
Children’s goods online retailer Babadu.ru raises $2,9 million from government-backed fund

Children’s goods online retailer Babadu.ru raises $2,9 million from government-backed fund

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...
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