In spite of massive market opportunities in Russia, some of the major venture capital firms from Russia made select investments abroad in fall 2011. Those VC firms include Almaz Capital, Runa Capital, RTP Ventures and VTB Capital.
RTP Ventures, the U.S. arm of ru-Net group of Leonid Boguslavsky, made early-stage investments in four U.S.-based companies such as Cake Health, GridGain, Koding and Tinfoil Security. New York-based RTP Ventures is headed by Kirill Sheynkman.
Almaz Capital, a Moscow-based venture capital firm of Alexander Galitsky, invested in Vyatta, a U.S.-based vendor of software-based networking for physical, virtual and cloud infrastructures.
Runa Capital, a Moscow- and Berlin-based early-stage venture capital firm of Serguei Beloussov, invested in U.K.-based ThinkGrid and U.S.-based BigTime Software.
VTB Capital, the investment business of Russian banking group VTB Group, invested $5.5 million in aiHit, a U.K.-based provider of company data to the business information, market research and lead generation industries. aiHit planned to open a R&D office in St. Petersburg, Russia. aiHit was previously funded by Amadeus Capital Partners.