The mobile Internet usage is exploding in Russia. There are over 30 million internet-enabled mobile phones currently used in the country. So, venture capital firms are seeking for the next “killer” mobile application. Runa Capital, early-stage venture capital firm that was recently created by Parallels and Acronis founder Serguei Beloussov and Almaz Capital Partners founder Alexander Galitsky, has agreed to invest $2 million in voice-enabled mobile social networking platform OnAir3G.
OnAir3G, which is currently in “stealth” mode, was founded by Andrey Vasilevsky in 2010. The project will be launched in Q2 2011. Previously, Andrey Vasilevsky co-founded mobile navigation software developer SmartCom whose assets were acquired by Russian search engine Yandex in 2007.
Runa Capital was launched in August 2010 to invest in start-ups in cloud computing, machine learning, virtualisation and mobile & internet applications.