East-West Digital News

Founded in 2011, East-West Digital News is an online resource dedicated to the Russian high tech industry — providing fresh news, market research and business consulting services. Its news service and publications were suspended in 2022 as a consequence of Russia’s war on Ukraine and the subsequent international isolation.

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Russia’s Quadro Capital Partners and Forex Club ready to invest in Ukraine

Last week Russian venture fund Quadro Capital Partners (FXC-QCP VC) and online trading service provider Forex Club announced investment plans in the field of Internet trading on the international stock market. The target geography includes Russia, Ukraine, other states of the former Soviet Union, and Europe. The total volume of investments could reach up to $200 million, a Forex Club executive …

Russia’s Quadro Capital Partners and Forex Club ready to invest in Ukraine Read More

Russian and Ukrainian VCs team up to invest in US software startup

As Russia and Ukraine were escalating to a new level of mutual threats and recriminations earlier this week, venture funds offered a welcome illustration that nationalism has not completely spoiled relations between the two countries. A leading Kiev-based fund, AVentures Capital, has teamed up with two Russian funds, Almaz Capital and ABRT, to inject $3.25 …

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Ukraine’s TA Venture and Russia’s ABRT team up to invest in UK startup Zesty

Zesty, a London-based service for booking medical appointments online, announced today that it has obtained $2 million in funding at an undisclosed valuation from Ukrainian VC TA Venture and Russian VC ABRT Fund. The company – which was backed at the seed stage by Luxembourg-based VC Mangrove Capital Partners, – says that it will use the new …

Ukraine’s TA Venture and Russia’s ABRT team up to invest in UK startup Zesty Read More

Is Crimea part of Russia? – Answers found on Facebook, Vkontakte, Yandex differ; Wikipedia changes its mind

Three weeks after Russia asserted that Crimea and the city of Sebastopol have become part of its territory, Facebook and Russian-language social network Vkontakte still categorize the inhabitants of these regions as being located in Ukraine. Meanwhile, two other major social networks, Odnoklassniki (Classmates) and Moi Mir (My World), have already classified them as being part …

Is Crimea part of Russia? – Answers found on Facebook, Vkontakte, Yandex differ; Wikipedia changes its mind Read More

Russian government paper’s site taken down by pro-Ukraine hackers

Hackers have taken down several Russian media website in the past week and alleged attacks on defense infrastructure in response to Russia’s actions in Ukraine. Among the latest victims, on March 7, was the website of Rossiyskaya Gazeta, one of the largest Russian dailies, the paper of record of the Russian government, and the parent …

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Russia’s telecom regulator blocks access to “terrorist” pro-Maidan social media content

Russia’s Federal Service for Supervision in the Sphere of Telecom, Information Technologies and Mass Communications (Roskomnadzor) announced yesterday that it has blocked access to 13 virtual communities of Ukrainian organizations on Vkontakte.ru (also known as VK.com), the leading Russian-language social network. “These communities promoted the activity of Ukrainian nationalist groups, including open calls for the …

Russia’s telecom regulator blocks access to “terrorist” pro-Maidan social media content Read More

New fund to turn Ukraine’s e-commerce potential into scalable reality

Earlier this month, the Moscow-based management company Flint Management launched a venture fund dedicating to developing e-commerce in Ukraine. This move comes just weeks after the company announced the creation of Flint Capital, a $35 million fund with a large high tech investment focus in Russia and Ukraine. Christened ‘Bull Ventures,’ the new fund has …

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Divan.TV launches worldwide for 300-million Russian and Ukrainian language audience

Divan.TV, a Ukrainian developer of OTT middleware and pay TV channels with 125,000 users in Ukraine, has made its programs available worldwide, targeting Russian- and Ukrainian speaking audiences. According to the company, this audience reaches about 80 million households in total, including 16 million in Ukraine, 32 million in Russia and more than 30 million …

Divan.TV launches worldwide for 300-million Russian and Ukrainian language audience Read More

Online education, e-commerce and entrepreneurship discussed in Kiev by investors and startups from all over the world

As in the previous years, the 2013 IDCEE conference attracted to Kiev, Ukraine earlier this month an impressive number of investors, startup entrepreneurs and IT professionals from over 45 countries (see videos). The core topics of this year’s conference were online education, e-commerce, and entrepreneurship in Brazil. The event – which took place in a huge …

Online education, e-commerce and entrepreneurship discussed in Kiev by investors and startups from all over the world Read More

TA Venture Managing Director and IDCEE organizer Viktoriya Tigipko: “Kiev is an entry point for international VCs for Central and Eastern Europe”

Not only is Mrs Tigipko one of these exquisitely educated and beautiful ladies one can meet in Kiev, she also is an inexhaustible source of ideas and energy when it comes to innovation and venture activity. In a mere three years, she has transformed a Kiev event, IDCEE, into the international face of the East-European startup and venture scene. …

TA Venture Managing Director and IDCEE organizer Viktoriya Tigipko: “Kiev is an entry point for international VCs for Central and Eastern Europe” Read More

$100 million Russian fund Maxfield Capital invests in Java application hosting platform Jelastic

Last week Palo Alto, California-based startup Jelastic, which offers a cloud-based hosting platform for Java application developers, announced that it has secured an investment from Maxfield Capital, a $100 million Russian venture fund that focuses on the IT and Internet segments. The startup, which has Ukrainian and Russian roots, also announced the appointment of Silicon …

$100 million Russian fund Maxfield Capital invests in Java application hosting platform Jelastic Read More

Google shuts down Quickoffice’s offices in Russia and Ukraine

Google has cancelled its contract with Doctor Mobile, the developer of the mobile applications for the Quickoffice service. Google acquired Quickoffice, which is headquartered in Dallas, Texas, in June last year for an undisclosed sum. Now, less than a year later, Google is shutting down two of its offices, namely in Saint Petersburg (Russia) and Kharkiv (Ukraine), where more than …

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