Russia’s Runa Capital opens San Francisco office

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Russian venture capital firm Runa Capital has opened an office in San Francisco – its first in the US.

Runa partner Andre Bliznyuk will be tasked with heading the office, relocating from the VC's Moscow head office.

The new office will allow Runa to be closer to its North American portfolio companies and create a US link for its European portfolio, as well as open up opportunities to deploy its most recent vehicle, Runa Capital Fund II, in the US.

Runa has become the fourth Russian VC to open an office in the Bay Area this year, following the likes of Dekarta Ventures, RTP Ventures and Target Ventures, which all opened locations on the Pacific coast of the US in 2015.

Additionally, the firm has also hired Marcos Sanchez as vice president of Runa Capital's communications, to be based in San Francisco.

Sanchez joins from a position as vice-president of global corporate communications at App Annie, a San Francisco-based market data and analytics provider for apps and app stores.