Software Category: Software

How Ukrainian Big Data startup is overtaking US giants in Asia’s hot markets

DataProm, a startup which started two years ago in Dnipropetrovsk, Eastern Ukraine with just half a million USD in funding, is now providing its Big Data solution to e-commerce companies far beyond its native market.

In this exchange with Ukraine Digital News, DataProm’s founder Anton Vokrug shared his vision of the growing role of Big Data in e-commerce. He also spoke about how his company got its first clients in Asia, taking advantage of the absence of western competitors in the region.

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American-Ukrainian startup secures funding from Silicon Valley stars

Launched by serial entrepreneur Oleg Roginskyy, helps sales person benchmark their skills, track their improvement and receive personalized advice to become “sales rockstars.”

In addition, the technology can match the right candidates to the right companies, “making hiring easier, faster, and more objective than ever before,” according to the startup.

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Ukrainian startup claims to make content loading four times faster to enhance mobile apps

A Kyiv (Kiev)-based startup has just launched a media content optimization solution for mobile applications called ‘Pixpie.’ By speeding up content loading, this technology delivers pictures “2-4 times faster than typical content delivery networks” (CDN), the startup claims.

In addition, Pixpie, which handles storage of app content, helps mobile app developers offload their servers and improve server performance. App developers may also expect “simplified media management” thanks to Pixpie’s CMS solution, while various effects can be applied to images (such as blur, rounded corners, and many others).

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TA Ventures teams up with Intel Capital and Tengelmann Ventures to fund German data analysis startup

TA Ventures, a major venture fund based in Ukraine but operating globally, has just taken part in a €5.5 million Series A round for its portfolio company data Artisans. Based in Berlin, this startup is developing “the next-generation large-scale data analysis technology” under the umbrella of the Apache Flink project.

The round was led by Intel Capital with participation from Tengelmann Ventures. Existing investors TA Ventures and B-to-V Partners, which already invested in the company at the seed stage in summer 2014, did a follow-on investment of an undisclosed amount.

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Kyiv conference to gather Agile professionals from across Eastern Europe (April 8-9)

The 7th edition of Agile Eastern Europe Conference, the region’s largest annual conference targeting Agile/Scrum professionals, will be held on April 8-9 in Kyiv (Kiev).

The conference aims to integrate Eastern European experts and practitioners into the global Agile community. About a half of conference speakers are well-known industry professionals from the USA, Canada and Western Europe.

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Polish anti-plagiarism software publisher enters Ukrainian market

Established in 2002 in Poland, Plagiat is entering Ukrainian market. The company claims to have installed its software in more than 250 universities of eight countries so far, including Poland and Romania, as reported by Ukrainian tech blog AIN.UA.

Ukraine has been chosen as the next step of Plagiat’s international expansion as Ukraine and Poland have a common border and similar problems, company representatives said.

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Soros fund invests in software engineering company Ciklum to help Ukraine “break from the past”

The Ukrainian Redevelopment Fund, a private investment vehicle launched by US businessman and philanthropist George Soros earlier this year, has announced its acquisition of “a significant equity stake” in Ciklum, a major software engineering company operating globally from its main office in Kyiv (Kiev).

The Ukrainian Redevelopment Fund is set to acquire the entire stake held by Horizon Capital, a leading Ukrainian private equity fund manager, as well as an undisclosed portion of the stake held by Majgaard Holdings Ltd. No capital injection is taking place.

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Norwegian tech executive talks about doing business in Ukraine

While most businesses are put off by instability in Ukraine, Norway’s Itera isn’t one of them. The company, one of Scandinavia’s leading tech players, headquartered in Oslo, came to Ukraine amid the 2008 global economic crisis to open a research and development center.

Itera’s center in Kyiv, which is active in consulting, software design, development and other information technology services, also survived last year’s turbulence in good shape.

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Gillbus secures $1 million from Ukrainian fund CIG

Gill Business Systems (Gillbus), a company that develops inventory distribution systems (IDS) for the bus-transportation industry, has just secured $1 million from Ukrainian fund Chernovetskyi Investment Group (CIG), reported tech blog AIN.UA.

Launched in Ukraine in 2010, Gillbus aims to make distribution of tickets for buses “as smooth as tickets for airlines.” According to CIG, the company has seen the volume of the transactions on its platform increase by 335% over the past year.

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Giant investment firm CIG invests $1 million in Israeli startup Kidoz

In early August Chernovetskyi Investment Group (CIG), an investment company backed by businessman and former Kiyv (Kiev) mayor Leonid Chernovetskyi, contributed $1 million in a funding round secured by Israeli startup Kidoz.

The round also involved several other investors, according to a CIG announcement reported by the Ukrainian media. However, neither these investors’ identity nor the total amount of the transaction were disclosed.

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