Rostelecom invests $2 million in network solutions developer RDP.RU

CommIT Capital, the venture arm of national telecom operator Rostelecom, has invested some 130 million rubles (a little more than $2 million at the current exchange rate) in the RDP.RU group in exchange for a 15% stake.

RDP.RU is a major Russian developer of network solutions for telecoms operators and corporate clients. Rostelecom, among other clients, uses RDP’s products, including EcoNAT (CG-NAT).

RDP.RU - EcoBRAS

Rostelecom may be involved in the definition of RDP’s strategy in order to “create higher quality, advanced and marketable products,” as stated by the company.

Established in May 2015, CommIT Capital invests in network hardware and software, cloud, storage and security technologies, Big Data, digital media, B2C and B2B services.

Earlier this year, CommIT Capital’s first investment went to Raidix, a data storage solution provider. The fund has also invested in Brain4Net, a provider of advanced SDN/NFV solutions

Source: Rostelecom

Topics: Finance, Hardware, Hardware, Electronics, Robotics, Mobile & Telecom, Networks, News, Venture / Private equity
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