Cisco to Invest $60M in Russian Startups

Medford, Cassimir
July 2008
Red Herring;7/2/2008, p1
Trade Publication
The article reports on a $60 million investment in a venture capital (VC) fund announced by Cisco that will bankroll Russian startups involved in technologies that generate demand for Cisco's products and services. The fund will be co-managed by Cisco and Almaz Capital Partners, a VC firm with offices in both the United States and Russia that specializes in investments in Russia and the Commonwealth of Independent States. The fund will focus on Russian startups in the technology, media, and telecommunications sectors.


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