Ambient Sound Investments acquired 30% in Russian company LogneX for USD 200,000. The company will introduce an online inventory management service MoySklad to small and medium businesses in Russia and other Russian speaking countries.
LogneX (www.moyskald.ru)
LogneX is a software development company offering online inventory management service MoySklad to small and medium businesses in Russia and other Russian speaking countries. LogneX software development team was formed in 2007 and is based in Moscow, Russia.
MoySklad is a new browser-based inventory management service for small and medium sized businesses that provides freedom of location and a low cost alternative to uphold daily communication, documentation and accounting.
Ambient Sound Investments (www.asi.ee)
Ambient Sound Investments is an investment company of four Estonian co-founders of Skype, using its assets to fund budding international technology enterprises. ASI is mostly focusing on Eastern Europe and Russia, searching companies that are developing new technologies or based thereon to be added to its investment portfolio.






22/02/2008
Central & Eastern Europe, Estonia, Investment, Private Equity News, Russia, Software & Information Technology