Jul 11, 2013 | Central & Eastern Europe, News, North America, Russia
East-West Digital News Last week Leta Capital, the venture arm of Russian IT security solution provider Leta Group, and TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced a $1 million investment in Californian startup rollApp....
Jul 8, 2013 | China, East Asia, News, North America, Southeast Asia
Bloomberg 8 July 2013 Goldman Sachs Group Inc. (GS) and Temasek Holdings Pte agreed to buy a minority stake in China’s Cloudary Corp. at a 25 percent lower valuation than in a previous funding round, said two people with knowledge of the matter. The private placement...
Jul 8, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News The Moscow Seed Fund, the City of Moscow’s venture arm, has poured 8 million rubles (about $240,000) into a startup named Probki Iz Okna (Russian for “traffic jams from the window”). The company has created a large network of webcams installed...
Jul 7, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News MTT, a Russian telecom group owned by VTB and former telecommunication minister Leonid Reiman, has announced that it has invested 50 million rubles (about $1.5 million) in Frolik, a service for children and their parents, since project start in...
Jul 7, 2013 | East Asia, MENA, News, North America
Apple Insider Samsung may be looking to take its rivalry with Apple to another level, as a new report has the South Korean tech giant buying streaming media startup Boxee in a move that will bring it into even more direct competition with the Apple TV. Boxee produces...
