Since its inception in 2010, Kiev’s IDCEE has asserted itself as the leading tech event for Central and Eastern Europe’s investors and startups (see last year’s report by East-West Digital News). A rare phenomenon in such events, investors – coming from all parts of Europe and from as far away as the USA and India …
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 …
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 …
Google shuts down Quickoffice’s offices in Russia and Ukraine Read More
Three major venture capital funds, Moscow-based Runa Capital and Almaz Capital as well as Kiev-based TA Venture, in conjunction with BIONIC Hill innovation park, Ukraine’s first innovation park, are joining forces to establish the Global Technology Foundation (GTF). Ukraine’s first grant fund specifically devoted to IT, the foundation will provide pre-seed stage grants and support for promising …
Almaz, Runa and TA Venture team up to establish Ukraine’s first IT-focused grant fund Read More
IQcard, a Moscow-based startup offering multifunction bank cards, has raised “more than $2.5 million” in a Series A round from Paradigm Investments and TA Venture, as well as from existing investors Fastlane Ventures and Direct Group. Neither the exact amount of investment nor the startup’s valuation were disclosed. Launched in March 2012, IQcard offers a prepaid bank …
Smart bank card provider IQcard raises $2.5 million from Russian and Ukrainian funds Read More
