OpenView Venture Partners and ABRT Venture Fund Join Forces on Investing in Russia and East-Central Europe
BOSTON, April 10 /PRNewswire/ -- OpenView Venture Partners of Boston, MA and ABRT Venture Fund of Moscow, Russia, today announced their new "Partnership for Russia" investment program.
This alliance is the formalization of a long-standing and highly successful working relationship between the founders of both firms, Scott Maxwell of OpenView Venture Partners (and formerly of Insight Venture Partners), and Ratmir Timashev and Andrei Baronov of ABRT Venture Fund.
We are delighted to have ABRT as our primary co-investor in Russia and East-Central Europe.
Although OpenView and ABRT will continue their separate teams and operations, their "Partnership for Russia" will jointly focus on fast-growing software companies and other information technology start-ups that are looking to expand their sales & marketing operations in the US and Europe.
ABRT Venture Fund is a venture capital fund focused on early and growth stage software and Internet companies with R&D efforts based in Russia and East-Central Europe.
Senator -- Harry Kellogg, Vice Chairman of Silicon Valley Bank -- Heidi Roizen, Managing Director, Mobius Venture Capital -- Stacy Smith, VP Finance & Enterprise Services and CIO of Intel -- Ratmir Timashev, CEO, AMUST Software, Partner, ABRT
Venture Fund -- Ann Winblad, Co-Founding Partner, Hummer-Winblad Venture Partners -- Dr.