Aug 4, 2014 | Central & Eastern Europe, News, North America, Russia, Western Europe
East-West Digital News In late July TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced the completion of a $250,000 investment in San-Francisco-based fashion rental platform Le Tote. Le Tote provides women with unlimited access...
Aug 1, 2014 | Central & Eastern Europe, News, Russia
TechCrunch August 1, 2014 There are a host of companies attempting to make settling your bill at a restaurant ‘waiter-free’, by employing a smartphone app and accompanying mobile payment and POS system. These include behemoths such as PayPal, with its ‘Pay At Table‘...
Aug 1, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Life.SREDA, a Moscow-based venture capital firm focusing on mobile and online fintech startups, is to invest $1.5 million in Settle, a mobile payment service developed by Kiev-based startup Advice Wallet. Combining mobile payments and a loyalty...
Aug 1, 2014 | China, East Asia, News, North America
NEW YORK, July 31 (Reuters) – Alibaba Group Holding Ltd (IPO-BABA.N) has invested $120 million in San Francisco-based mobile games studio Kabam, the latest in a string of U.S. investments intended to build up the Chinese online retailer’s presence in the...
Jul 30, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Coub.com, a Moscow-based startup launched in 2012, has just raised $2.5 million in a Series B round from Vaizra Capital, a fund which belongs to VKontakte co-founders Vyacheslav Mirilashvili and Lev Leviev. The startup did not disclose its...
Jul 30, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Earlier this month two Russian startups – the city guide Voxxter and the online event listings service 2do2go – each received “from $250,000 to $450,000″ from the Internet Initiatives Development Fund (FRII in Russian), a...
