To identify the most promising Russian Internet companies Informilo asked investors in Moscow, London, New York, Boston and Silicon Valley to nominate and vote on companies outside of their own portfolios. Many of the companies have moved their headquarters to the U.S. but all on the list have Russian roots. Some are well known, others are below the radar but unlikely to stay there for long. At least two are expected to go public soon, one will soon announce that it has raised a Serie A round and several could be seen roaming the halls at DLD Moscow May 27-May 29.Read more

Russia, Europe’s biggest and fastest-growing Internet market, is red hot.Read more

Serge Faguet, a Russian native, dropped out of Stanford University to launch a start-up in Silicon Valley and briefly worked for Google. After learning a lot at his first start-up and soaking up the DNA of the U.S. search giant, he moved back to Russia in 2010 and started an online travel company called Ostrovok.ru, which last July secured a $13.6 million investment from London-based Accel Partners, General Catalyst, Internet guru Esther Dyson, Niklas Zennstrom’s Atomico, Paypal co-founder Peter Thiel and Zynga founder Mark Pincus.Read more