Evernote Evernote raises $85 million with “no exit strategy”

East-West Digital News Evernote, a California-headquartered company founded by a Russian-American team in 2007, has just completed a $85 million round, CEO Phil Libin announced on his blog yesterday. The round was led by London-based AGC Equity Partners/m8 Capital...

New York exchange courts Russian companies

Reuters 1 December 2012 The New York Stock Exchange hopes less stringent rules will help persuade several Russian companies to raise money on its markets next year, taking business from arch-rival London. NYSE Euronext’s (NYX.N) head of international listings,...

Report: KBC to Sell Absolut Bank

Moscow Times 28 November 2012 Belgian banking group KBC will sell Russian lender Absolut Bank to a private pension fund managed by Russian Railways, sources close to the deal said Tuesday. The deal will be announced officially in mid-December, Vedomosti reported,...

RVC State-owned fund to complement business angel financing

East-West Digital News 23 November 2012 Yesterday, RVC, the state-owned fund of funds dedicated to innovation, announced a new program to complement business angel investment in Russian startups at very early stages. The fund’s co-investment will amount to up to 3...