Russia’s top-rated search engine and industry leader Yandex has, through its Yandex.factory, invested in TimeBooker, a B2B online service-booking portal. Called GBooking in English, the founders of TimeBooker met with Yandex personnel at the St. Petersburg WebReady start up event in December 2011; subsequently, Yandex agreed to invest between USD 50,000 and 100,000 in the [...]

Russian search engine giant Yandex has acquired all assets of mobile applications developer SPB Software for USD 40 mln. Though millions of people use SPB products around the world, Yandex’s main point of interest is their proprietary Shell 3D user interface for mobile phones. Yandex is looking to integrate its cloud technology and services into [...]

CrunchFund, the venture capital company founded by Michael Arrington who introduced the world to TechCrunch, may well join peers like Siguler Guff & Company, which will invest USD 250 million in a tech hub outside Moscow, Skolkovo, cited to be the Russian Silicon Valley. Though investing is Russia is still considered a risky venture, big-name investors [...]

Yandex, Russia’s leading search engine company has acquired The Tweeted Times. Yandex has been actively investing into Internet start-ups over the last year. In January of this year, Ilya Segalovich of Yandex cited this site as one of the most interesting Russian start-ups of the year. The Tweeted Times (tweetedtimes.com) Semantic Dimensions Inc. is the [...]

Yandex, through the Yandex.Factory initiative has invested into Refine.io. Refine.io is a mobile application creation service which is based in California, with software development in the Ukraine. Yandex is the largest search engine company in Russia, which recently completed a USD 1.4 billion IPO on the NASDAQ. The investment Yandex made into Refine.io is thought [...]

Yandex, the leading Russian search engine, through its Yandex.Factory program, has opted to invest in Zenmoney.ru, an online personal accounting site. Yandex has begun investing seed money into Internet and Mobile start-ups beginning in 2011. Investments range around a hundred to several hundred thousand per company. Zenmoney will be required to use Yandex.API for further [...]

Yandex, the undisputed champion among all Russian-language Internet sites, has announced plans for a NASDAQ IPO in June or July 2011. The USD 1 billion IPO will be managed by Morgan Stanley and Deutsche Bank. Existing shareholders like Almaz Capital, Baring Vostok Capital Partners, Runet II, Tiger Global, and UFG, which collectively own about 60% [...]

Fresh on the heels of its WebVisor acquisition just two weeks ago, Yandex announces the acquisition of yet another Russian Internet startup. Loginza, a web plugin developer, decided to a accept theYandex offer rather than trying to raise venture capital on its own. The deal has been estimated to be worth less than USD 1 million. [...]

In a move that strengthens its position in the Russian-speaking Internet market, Yandex has acquired Web analytics startup WebVisor at a cost of ca. $0.5 million. Yandex made the deal with the startup’s owner, Visor Ltd., after WebVisor attended the Yandex.Start program. The program was initiated by Yandex last year as a means of giving promising technology [...]

Fresh off the £1 billion Mail.ru Group IPO earlier this month, it appears that Russia’s leading Internet search engine, Yandex, is considering a possible IPO of its own in 2011. Under current market conditions, a Yandex IPO in London could be worth £1 billion. While the London Stock Exchange seems to be the front runner [...]

Face.com, an Israeli company specializing in face recognition software, has raised USD 4.3 million in series B funding to continue development of its core business. Rhodium led this second round with additional investment from Russian search engine, Yandex, and a number of private investors. Rhodium was part of a first round, along with angels Yariv [...]

In a bid to prevent any single investor from accumulating more than a 25% share in Yandex NV (the Dutch holding company), the company has agreed to sell a priority or “golden” share to Russian state-owned Sberbank. The single share, to be purchased for €1 gives Sberbank veto power over anyone attempting to purchase a [...]

Rumors have been circulating around Russian search engine Yandex and its plans to raise several billion dollars in a future IPO. Now a handful of Yandex private investors including Oradell Capital have sold shares equalling a 9% stake in the company, to a group being managed by Baring Vostok, UFG Asset Management, and Tiger Global [...]

1C Company, Russia’s leading software vendor, may soon get a cash infusion if Baring Vostok Capital Partners (BVCP) follows through on its initial interest in making an investment. BVCP, well known for its investments in the internet, IT and technology sectors, is said to be considering a deal in the range of USD 100 million [...]