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Startups that will compete at the Shift Challenge in Croatia tomorrow

A couple of months ago, we announced that the Shift Conference would be held on May 23rd in Split, Croatia. Thanks to information provided to us by one of the event’s organizers, Ivan Burazin, we can...

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Russia ad management startup Hiconversion raises seed funding

Russian ad-management system Hiconversion announces that they’ve obtained 223,000 euro from The Moscow Seed Fund and Igor Ryabenkiy of Altair Capital Management. As part of the deal, Moscow Seed Fund...

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Ukrainian IT-Startups: everything you need to know

For the past 6 months the managing partner of AVentures Capital, Yevgen Sysoyev studied 500 Ukrainian IT-companies and held more than 200 meetings. The results of his work are presented in the research...

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Croatian iStudio Obtains 1 Million Euro From RSG Capital

Croatian iStudio announces that they have raised 1 million Euro in new funding from Slovenian VC RSG Capital. According to iStudio, this agreement follows 6 months of negotiations and will allow the...

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Russian Mebelrama and American ClipClock Close Their Doors

Russian Mebelrama and American ClipClock have closed within just a week of each other, as reported on other blogs. Although both sites raised millions in funding within the past year, this is another...

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Russian Frolik Raises 1,17 Million Euro From MTT Group

Russian startup Frolik has obtained roughly 1,17 million Euro from MTT Group. Frolik is service developed by Digital Prom which will help parents to raise their children. It is geared for Android...

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Coub Raises $1 Million Series A Round From VentureBrothers And Phenomen Ventures

Coub, a service which allows allows users to create 10-second-long looping videos, has obtained $1 million in a Series A round from Phenomen Ventures and VentureBrothers, as first reported by EWDN. The...

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Hungarian Brickflow Launches Public Beta And Prepares To Challenge Storify In...

Hungarian Brickflow, an app designed to allow users to curate social-media slideshows, has just launched its public beta, co-founder Peter Langmar tells us. Langmar, who founded the service with Tamas...

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QIWI Venture Announces First Investment In Auto-Advertising Service Carbay

QIWI Venture, the venture arm of the QIWI Group, announces its first investment, an undisclosed amount of seed money for the Carbay service. From its launch in January 2013, QIWI Venture has received...

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Latvian Draugiem Regains Its Position As Leading Domestic Social-Media Network

Latvian social-network Draugiem remains one of the last homegrown leaders in Europe, according to Alexa-rankings analyzed by Italian site Vincos.it. The site’s owner, Vincenzo Cosenza, has broken down...

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TechChill Baltics Announced For February 13th, 2014

Mark your calendars now as TechChill Baltics returns to Riga on February 13th, 2014, Ernests Stals (host of this year’s event and co-founder of Reach.ly) tells us. Even though the event is still just...

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Ukrainian Dating Service Wishdates Tops 6 Million Users

Ukrainian Wishdates, a dating service designed to connect people by interests, tops the 6-million-user mark, based on the latest statistics from AppDates. The company has done a nice job of retaining...

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City Of Moscow-Backed Accelerator API Moscow Opens To Startups

API Moscow, the first accelerator created within the city of Moscow-backed Moscow Technology Incubation Program (MTIP), opens to startups. The program, located at the newly-built Moscow Innovation...

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Eastern Europe Comes To London Seedcamp Week

London Seedcamp Week just finished up last week and there was a presence from Central and Eastern Europe, with Futurelytics, TruckTrack, and GateMe obtaining funding and Language Accelerator,...

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Polish Red Sky Announces Shorte.st, A Service For Making Money Through Links

Polish web-development agency Red Sky launches Shorte.st a service through which people can make money by sharing shortened hyperlinks, not dissimilar to Adfly. The service, which is self-funded like...

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Polish Brainly Invests 240K Euro in MailGrupowy.pl

Polish Brainly (branded Zadane.pl in Poland), a service which helps students to learn by offering a an online community where they can post and answer questions and share their knowledge, has invested...

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Russian Home Design Startup InMyRoom Raises $500K

Russian InMyRoom similar to a hugely successful houzz has obtained $500K (371K Euro) from an undisclosed investor with a international know-how in the field of home and decor. The service that allows...

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Ukrainian Startup Conference IDCEE Releases the Names of the First...

IDCEE generated startup buzz for a few years, and this week once again Ukrainian capital and Viktoriya Tigipko, the conference organizer and the co-founder of the Ukrainian VC fund TA Venture welcomes...

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Startup Finalists to Pitch At IDCEE Main Stage

We continue coverage of the startup competition at IDCEE. Here are the Eastern European startups that are pitching from the main stage. Hashtago (Ukraine), that has just received grant from Global...

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A Collaboration Platform for IT Professionals Solaborate Launches Public Beta

The idea of Solaborate is solid. It is designed as an online environment (or should I say a social network) for IT professionals to work, learn and interact with other IT professionals either within...

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