Aug 15, 2012 | News
East-West Digital News 3 August 2012 The London-headquartered Russian fund TMT Investments has invested $5 million in equity funding in Backblaze, a leading California-based online backup provider. While Backblaze is already profitable, this funding will be used to...
Aug 2, 2012 | News
Moscow Times 2 August 2012 Venture investment firm iTech Capital has placed $10 million into SeoPult, a company offering Internet marketing tools to small online businesses, to assist the startup’s expansion in Europe and Southeast Asia. The venture round, which...
Aug 1, 2012 | News
East-West Digital News 24 July 2012 Today, East-West Digital News is releasing a 316-page research study on the Russian online retail market – one of the fastest growing but least known (and most misunderstood) on the planet. The research – in which PwC in Russia and...
Aug 1, 2012 | News
East-West Digital News Renthome.ru, a HomeAway.com clone offering short-term vacation rentals across Russia and the CIS, closed earlier this month an angel investment round of approximately $1 million. Participants in this round of investment include Russian and...
Jul 21, 2012 | News
East-West Digital News 16 July 2012 The Moscow Seed Fund, a fund set up by the Moscow government to promote venture investment in local startups, announced earlier this month its decision to provide loans to innovative companies co-invested in by venture funds and...
Jul 14, 2012 | News
East-West Digital News If you would like to be woken up tomorrow morning by a friendly stranger’s call instead of a typical alarm, this application is for you. Social alarm clock Budist.ru enables you to set up the date and time you wish to be awoken, and a volunteer...