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IT Industry

Mar 30, 2017

NFWare secures $2 million to expand in Europe and US

The market of network infrastructure virtualization solutions, which reached $2.4 billion in 2016, could top $29 billion by 2023, according to data from Analysys Mason Group cited by NFWare

Feb 16, 2017

German IT company invests $1.5 million in Skolkovo startup Playkey

The company’s co-founder and CEO Yegor Guryev confirmed the deal to the newspaper. The share of the startup acquired by Darz was not disclosed.

Jan 23, 2017

Sberbank and Sistema team up to create adtech leader and monetize Big Data at an unknown scale

Under the agreement, Sistema_VC is to acquire a 50% stake in Sberbank’s subsidiary Segmento for an undisclosed amount

Jan 20, 2017

Russia’s Comindware develops alternatives to SAP, Oracle and IBM business solutions

The company has been working on this in Skolkovo since 2011

Dec 23, 2016

Russian programmers receive $1.6 million to develop alternative OS

The funding was provided by three industry executives, Grigori Sizonenko, Yekaterina Petrova and Vladimir Chepko, via their investment vehicle Financial Support Agency

Nov 29, 2016

Russia to step up support of IT, biomed and industrial tech developments

All government decisions regarding the three funds will be made by the year-end

Nov 11, 2016

Russian-made software supplies to state agencies to double in 2016

The Russian-made software register includes more than 2,000 various products that state agencies should give priority to when purchasing software

Nov 10, 2016

Russia to step up support of IT, biomed and industrial tech developments

The funds will be supporting Skolkovo-bred start-ups, so giving the Skolkovo Foundation a mandate to run the funds’ day-to-day operations is expected to ensure quality investment

Oct 18, 2016

Russian social media site set up for pets

A popular Russian social media site is launching a platform where pets - or perhaps their owners - can let the world know what is going on in their lives

Oct 18, 2016

Yandex.Money introduces money transfers via iMessage

Yandex.Money got some inspiration from such pioneering western operators as N26 and Circle, the company’s press service told East-West Digital News

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