Startup Community in Russia and Ukraine
SC
Ukraine has the largest pool of engineering talent in CEE, accounting for the 25% of the CEE IT offshoring market. Each year Ukraine has 50 000 graduates with IT specialization that are ready to disrupt the IT industry. With only 1% of all world's population, Ukraine has 6% of the world's physicists, mathematicians, computer programmers and other high educated professionals.
Ukrainian development teams are building significant value for venture-backed companies:
Introducing: the classic white sofa
Ukraine is a very dynamic online marketplace in the CEE region. The total number of Internet users in the country reached 17.6 million people or 39% of the total population. IT outsourcing sector reached $1 billion in 2011 exceeding arms exports for the first time in history. There are a lot of talented Ukrainian engineers and developers who work in Google, Facebook and other tech giants.
Ukrainian Internet
- Founded in Ukraine in 2006
- Leader in facial recognition and computer-vision technology
- Acquired by Motorola Mobility (Google) for $40 million
- Founded in Israel in 2006, development team in Ukraine
- Flash website development platform
- Has raised over $60 million from leading VCs and rejected $200 million acquisition offer in 2011
- Founded in the US in 1993, team is in Ukraine since 2006
- Leader in software engineering outsourcing L
- IPO on NYSE in February 2012, market cap is around $800 million