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February 20, 2008
Russia's LogneX Funded For Web-based Inventory Management
Yakov at Quintura tells us that Ambient Sound Investments, the investment fund that we have reported on from four founding Estonian engineers of Skype, invested $200K for a 30% stake in LogneX, a Moscow-based software development company that will shortly launch MoySklad (Russian for MyWarehouse). MoySklad is online inventory management Web service to small and medium-sized businesses in Russia. It's similar to products like NetSuite . Users will pay a monthly subscription fee of $50 per user.
The startup was founded in January 2008 by Oleg Alexeev and Askar Rahimberdiev who both previously worked at OilSpace.
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Posted on February 20, 2008 06:40 PM | Posted to eCommerce | Permalink
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