Runa Capital Closed fund at $157M
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VC fund declares the Runa Capital was launched with $135 million in 2010 as one of the best, and is perhaps best known for its investment into NGINX, which powers many web sites today or after it. In more recent years it has participated or led investments into startups such as Zipdrug ($10.8 million); Rollbar this year ($11 million); and Monedo (for €20 million) and there are many other companies.
HQ’d in San Francisco, it has been now completed the final closing on its $157 million Runa Capital Fund III, or other which, they say, exceeded its original target of $135 million towards here.
The firm which is typically invests between $1 million and $10 million in early-stage companies, predominantly Series A rounds, and has a strong interest in cloud infrastructure, open-source software, AI and machine intelligence and B2B SaaS, in markets such as finance, education and healthcare and many other things.
Dmitry Chikhachev, co-founder and managing partner of Runa Capital, said in a statement: “We are also excited to see many of our portfolio companies’ founders who are investing in Runa Capital III, along with tech-savvy LPs from all parts of the world, who supported us in all of our funds from day one… We invested in deep tech long before it became the mainstream for venture capital, betting on Nginx in 2011, Wallarm and ID Quantique in 2013, and MariaDB in 2014 and many other countries.”
Going forward the firm says about it aims to concentrate much of its firepower in the realm of machine learning and quantum computing towards it.
In addition of it, Jinal Jhaveri, ex-CEO & founder of SchoolMint, a former portfolio company of Runa Capital which was acquired by Hero K12, has joined the firm as a venture partner always by it.
Runa operates out of its HQ in Palo Alto towards its offices throughout Europe. Its newest office opened in Berlin in early 2020, given Runa Capital’s growing German portfolio and other too. German investments have included Berlin-based Smava and Mambu, as well as the recently added Monedo (formerly Kreditech), Vehiculum and N8N (a co-investment with Sequoia Capital). Other investments parts can be made from the third fund include Rollbar, Reelgood, Forest Admin, Uploadcare and Oxygen all on it.
Because of it we have just done it. As per the requirements, we have just complete all the requirements.
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