Russian RTP Ventures Picks up Stakes in US Firms

Russian venture capital RTP Ventures made investments in four US based companies in the last two months, including two series-A funding and two seed investments. RTP is the US subsidiary of Russian venture fund Ru-net and typically invests between $1 million and $10 million in target companies. Gridgain – developer of middleware application for Real Time Big Data, Koding – provider of cloud based applications environment for programmers, Tinfoil Security – a website security solutions provider, and Cake Health – a provider for healthcare solutions, managed to attract investments from RTP.