The document provides an overview of venture capital news from Russia and the US for the week. In Russia, amendments were passed to make it more profitable for startups to remain within the Russian legal system. Several startup events and competitions were also mentioned. In the US, IBM committed $3B to an Internet of Things unit, several funds raised money, and notable companies like Twitter and GoDaddy had financing news. The most significant deals of the week were also summarized for both countries.

1. Center of Mathematical Finance
4 April 2015
Venture Capital Industry Weekly Report. Team 6
Authors: Uvarov Leonid (USA Overview)
Batojargalov Bimba (Russia Overview)

2. 2
Russia Weekly Overview
After the adoption of amendments it will be much more profitable to investors and
start-­‐ups to remain in the Russian legal field. To conduct transactions in Russia will
cost 315 000 rubles, through a foreign holding company -­‐ more expensive
The State Duma considered amendments to facilitate the conduct of venture deals
“Startup Sabantuy 2015” will be held in 10 russian cites
Selection of projects will be conducted by representatives of leading investment
funds-­‐ KamaFlow, Runa Capital, LETA Capital, Rostelecom, Navigator Found.
Promsvyazbank with the administration of Angarsk conducted intramural selection
of business ideas of young entrepreneurs
The total amount of requested investments is amounted to about 30 million rubles.
In total 4 projects have passed to the next stage of the selection. An agreement was
signed on cooperation between the bank and the Administration of Angarsk to the
frameworkof the AngarskVenture Fund
2-­‐billion-­‐dollar design startup Houzz came to Russia
Houzz -­‐ one of the most "hot" start-­‐ups in Silicon Valley, which attracted $ 213
million -­‐ did not afraid of sanctions and opened an office in Russia

3. 3
The most significant deals in Russia
Date Investor Target company Sum Industry Goal
11 March 2015
Individual investors
DoctorNet.pro
Wedvice 25 mln RUB
Holidays
organization
Business
devlopment
March 2015 SMRK VC Fund Settle $1,5 mln Caffebooking
Expand the
business to USA
market
31 March 2015 Telecom Capital Mojio $8 mln Network devices
Business
devlopment
March 2015 Mocsow Seef Fund YAKlass 12 mln RUB Online education
Expand the
business to
international
market
March 2015
The Hive Capital
Steltec Capital
Augmented Pixels &1 mln High technology
Product
development

4. 4
ü Solomotoraised about $8 – 10 millions from
Blumberg Capital Venture Fund by selling 25% of
shares in March 2015
ü Estimated value is about $ 30 – 40 mln
ü Estimated revenue is about 5 million rubles per
month
Business Model
SOLOMOTO – Project of the Week. Russia
• Solomotois a marketing platform (SaaS) that gives
small and medium businesses the power to unlock
their digital marketing potential
• The platform is incredibly user friendly and does
not require any tech knowledge
Investments
Markets
10%
90%
CIS
Russia
Team
30 thousand of users overall
Founder, CEO
Pasha Romanovsky
Founded in April 2014
Sources: company web-­‐site, rbc.ru/technology_and_media/

5. 5
Industry News USA
v IBM commits $3B for new Internet of Things business unit
v Partech Ventures announced a new $65M seed fund
v Twitter launched its real-­‐time search and filtering tool
v Etsy sets IPO price range at $14 to $16
v GoDaddy raises $460M After U.S. IPO
Sources: techcrunch.com, bloomberg.com

6. 6
The Most Significant Deals USA
$15M
Expanding its presence
both within the areasit
already operates and
beyond
$45M
Expanding to new
geographies and new
categories
$9M
Software adapting;
Launching additional
products
$52M Faster scaling
$7.5M Developing new features
Sources: venturebeat.com, techcrunch.com

7. 7
TANIUM -­ Project of the Week USA
Overview Clients Team
David Hindawi
Co-­‐founder
CEO
Investments
$812.5K
05/2010
$90M
06/2014
$52M
03/2015
Tanium gives the world’s biggest organizations
the unique power to control, manage and
secure hundreds of thousands of endpoints
within seconds
• Quadrupled growth in total billings and
number of employees year-­‐over-­‐year
• Added a number of Fortune 1000
companies to its customer roster, which
now includes five of the top 10 US banks
and four of the top 10 US retailers. Fifty of
the Fortune 100 now use Tanium in a
production environment
• Increased the number of transactions over
$1 million by 800%, and the number of
transactions over $5 million by 300% year-­‐
over-­‐year
• Ended 2014 cash flow positive, debt free,
with total cash in excess of $100 million
Orion Hindawi
Co-­‐founder
CTO
Sources: crunchbase.com, tanium.com, massinvestor.com