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$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 …

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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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