Moscow-based Kaspersky Lab, one of the world’s top cyber security vendors, has increased its stake in New Cloud Technologies (NCT) from 29.5% to 47%, the Kommersant business daily reported.

These shares were sold by company founder Andrey Cheglakov.

Kaspersky acquired its initial 29.5% stake in May last year.

Launched in 2013 — now with offices in Moscow, St. Petersburg and Innopolis (Tatarstan) — this company develops complex cloud solutions  for online mass storage and document processing. Its flagship product is MyOffice, a Russian-language suit of SaaS solutions for B2B customers .