Jelastic, a U.S./Ukrainian/Russian provider of a cloud-based deployment platform for Java apps, has closed a $2 million Series A funding round from Russia and CIS-focused 
Almaz Capital Partners and 
Foresight Ventures, a global fund with a bias towards 
Russia and the US.  Jelastic, which competes with 
Heroku and 
Google App Engine, offers developers of Java applications a hosted platform based around standard software stacks, which it says helps avoid lock-ins and code changes. The company launched its public beta in October 2011, and since then has picked up over 15,000 unique users.
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1 Comments:
This much is known about the "Russians"
they take a long time to complete a business plan in a real-time computer age; and, they (like the emerging economies) have not built an aircraft like the "CONCORDE". Duh! Private equity romania
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