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Yandex IPO Creates Bonanza for Cisco Russian Fund Almaz Capital

Files under: Enterprise, Inside View, Mobile, News, Tech, Web 2.0
Posted by: admin @ 08:57 [26. 05. 11]

Almaz Capital Russia Fund I, Russia-focused venture capital fund that is backed by Cisco, shall have returned all money to investors with just two investments, fund’s Managing Partner Alexander “Sasha” Galitsky revealed on twitter. Those investments should have been made by Almaz in Qik and Yandex. Almaz‘s first close was at $60 million. Then, Almaz [...]