Our portfolio

The companies we have invested in have R&D based in Eastern Europe but are selling to global customers through own sales organizations based in the large end markets in the US and EU. Our portfolio has balanced product diversification vis-à-vis the software and IT services taxonomies: enterprise applications, infrastructure software, web media, data services. The customers gained by investee companies include “blue chip” corporations across financial services, telecommunications, technology, pharmaceuticals, manufacturing, media and advertising.

Selected Investments

Company	Description	User Benefit
	Ingenious airfare search solution that can change the game in air travel distribution. Its sophisticated heuristic algorithms unlock hidden value in the travel industry through improving customer choice and reducing costs across the chain.	Reduces and optimizes airfare search costs, provides control and flexibility in bookings and unique travel options like split tickets and combination of traditional and LCC flights all leading to more options and better prices. www.ezsearch.net
	Ground-breaking commercial application of fat-tailed models in risk management and portfolio construction based on renowned scientific research. FinAnalytica’s products address the non-normal nature of events in financial markets.	Helps increase returns of institutional investors through more accurate and transparent real world risk measurement solutions and the most advanced post-modern portfolio methods. www.finanalytica.com
	Globally recognized semantic technology provider with over 200 man-years in product development that holds the promise to empower the Semantic Web and change the landscape in markets like enterprise knowledge management, OLAP, web mining, media, bioinformatics.	Ontotext provides the means to unlock knowledge from localized environments, data stores, and proprietary formats so that resources can be readily accessed, shared, and combined across the Web or interlink your data, your content and the web. www.ontotext.com
	Video-centric citizen journalism web platform for sharing user-generated news and reports globally, allowing easy upload from PCs and mobile devices with intuitive and visually appealing navigation in geography and time	Free and easy way to get original user generated accounts of events around the globe or instantly share them with the world, all conveniently structured by time, place, theme. www.mayomo.com
	New generation automated web platform for content aggregation, filtering and customization with social rating, bookmarking, blogging, and syndication of information of all types, formats and sources.	Quick and easy way to manage and organize the information overload and tailor it to specific interests while sharing and engaging with friends and communities. www.favit.com
	Designs, produces and commercializes first SW and HW integrated “Hyper Media Player” appliance on the market. It turns any digital display into an autonomous and networked device.	Hyper media player: integrated, easy to use and low cost turn-key solution for digital signage industry, without compromising quality and features compared to PCs. www.spinetix.com
	New generation telecom software platform converging network functions across fixed, mobile, data (3G&4G), VoIP, CDMA, Wi-Fi, WiMax with prepaid billing and provisioning and VAS like push email, video, and various mobile applications	Helps carriers solve technological challenges, expand the range of their services and tap new revenue sources, all through an innovative risk-free business model that saves them millions in capex and transfers opex to end users. www.talk24.net
	State-of-the-art, carrier-neutral data center in Sofia, Bulgaria providing co-location services ranging from sub racks to multiple racks or dedicated cages and suites that scale up to 500 rack units, 2500KVA with plans to evolve to SaaS and storage provider.	The first provider independent DC in Bulgaria, planned and executed to the highest standards. Power efficient, with 4 different feeds to 2 substations connected to 2 transformer sets. Fiber rich, with own redundant 2x20 110mm fiber ducts. www.3dc.net