IM+ Finam to launch German mobile IM app in Russia

East-West Digital News 16 Feb 2012 Finam Capital, the venture arm of the largest Russian brokerage and investment holding, will invest $10 million to release a special version IM+ in Russia. IM+ is a popular instant messenger made by German mobile app publisher Shape....

Runa Capital invests in US website security startup StopTheHacker

East-West Digital News, 15 Feb 2012 SaaS website security services provider StopTheHacker announced earlier this week that it received $1.1 million in initial funding from public and private investors including Runa Capital, a Russian early-stage venture capital firm,...

VEB Buys Into IT Firms Compulink, T-Platforms

Moscow Times, 16 February 2012 Vneshekonombank has purchased a minority share of the offshore holding that owns one of Russia’s largest information technology systems integrators. According to a report of the bank’s activities for the last quarter of 2011,...

Expert: Russia needs startups to drive innovation

Russia Today, 09 February, 2012 International experts say Russia has to do more to create a ‘start-up’ friendly business climate. They are gathered in Moscow for the Forum Week of Business, and suggest boosting investment in innovative companies will help. “You need a...