US Venture Capital Firm Aims to Bring More local Start-ups to Russia

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Fort Ross Ventures has amassed 200 million US dollars fund in order to help American companies deliver their services to Russia’s major businesses and Internet linked clients.

Mr. Victor Orlovski who worked for Russian Bank Sberbank leads the project which is sponsored by Russian, Chinese and Middle Eastern investors and anticipates that the approximately 100 million internet users marketplace in Russia will become a great platform for the service providers’ growth.