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3D software developer Vizerra secures $5 million from giant Russian investor

3D software developer Vizerra secures $5 million from giant Russian investor

Oct 1, 2014 | Central & Eastern Europe, News, Russia

Leader, an asset management company affiliated with Vneshekonombank, Gazprom, and Gazfond, has invested $5 million in Vizerra, a Moscow-based developer of 3D applications for planning cities, construction projects, product design, and virtual tourism. The news was...
Reddit Plans Its Own Cryptocurrency To Give Back To Its Users After $50 Million Raise

Reddit Plans Its Own Cryptocurrency To Give Back To Its Users After $50 Million Raise

Sep 30, 2014 | News, North America

Reddit, the so-called front page of the internet, has raised $50 million in Series B on a $500 million valuation with intentions to give back 10 percent of the round’s equity to the community. The monster round is led by Sam Altman, CEO of Y Combintaor, with...
Canadian start-up Bionym raises $14 mln in new round of funding

Canadian start-up Bionym raises $14 mln in new round of funding

Sep 24, 2014 | News, North America

TORONTO, Sept 24 (Reuters) – Canadian tech start-up Bionym said on Wednesday it has raised $14 million in a new round of funding led by Ignition Partners and Relay Ventures. Toronto-based Bionym makes a wearable security device dubbed Nymi, which is set to go on...
PRSS Digital Magazine Platform Acquired By Apple

PRSS Digital Magazine Platform Acquired By Apple

Sep 23, 2014 | News, North America, Western Europe

Apple has acquired Dutch digital magazine startup Prss, a platform that makes it easy to create iPad-compatible magazines using tools that don’t require any knowledge of code. The company is essentially a magazine-focused version of iBooks Author, and the deal could...
Children’s goods online retailer Babadu.ru raises $2,9 million from government-backed fund

Children’s goods online retailer Babadu.ru raises $2,9 million from government-backed fund

Sep 12, 2014 | Central & Eastern Europe, News, Russia

Earlier this month Babadu.ru, a children’s goods online retailer, secured a $2.9 million investment from the Internet Initiatives Development Fund (FRII in Russian). The site claims it has “more than tripled in size” and made its brand...
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