# Russian Internet Technology Fund

> Russian Internet Technology Fund is a VC fund in Moscow backing iOS, SaaS and EBooks. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Moscow, Russian Federation
- Total investments: 2
- Last investment: Oct 2013
- Lead investor: 50%
- Last updated: Aug 2026

Russian Internet Technology Fund is an investment firm specializing in companies innovating in the internet technology sector.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| iOS | 1 | 50% |
| SaaS | 1 | 50% |
| EBooks | 1 | 50% |
| Android | 1 | 50% |
| Consulting | 1 | 50% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 1 | 50% |
| Series C | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| LitRes | LITRES.ru – the eBooks store #1 in Russia with more than 60% market share. LITRES.ru contains 260k eBooks on board. LITRES.ru presented in mobile phones and tablet PCs with iPhone, iPad, Android and Windows Phone 7 applications. iOS apps are in the top 5 list. LITRES.ru has more than 1,5 million unique visitors per month, buying more than 150keBooks. | $5M | Series A | Oct 10, 2013 |  |
| Moe Delo | Online accounting SaaS company focused on Russian market. Provides small and medium businesses with online accounting and tax services, supported with professional consulting. | $5M | Series C | Mar 01, 2013 |  |

2 of 2 investments shown.

## Co-investors
- [Black River Ventures](https://shizune.co/investors/profile/black-river-ventures-5) — VC Fund, 2 deals together

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### Similar stage
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### Similar country
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## FAQ

### What does Russian Internet Technology Fund invest in?

Russian Internet Technology Fund invests primarily in iOS, SaaS and EBooks startups, most often at Series A and Series C stage. Most of the 2 investments tracked by Shizune back companies in Russian Federation. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Russian Internet Technology Fund last invest?

The most recent investment recorded for Russian Internet Technology Fund closed in Oct 2013. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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