The Republic of Venice, officially the Most Serene Republic of Venice and traditionally known as La Serenissima, was a maritime republic with its capital in Venice, on the northeastern coast of Italy. Founded, according to tradition, in 697 by Paolo Lucio Anafesto, over the course of its 1,100 years of history it established itself as one of the major European commercial and naval powers. Initially extended in the Dogado area, during its history it annexed a large part of Northeast Italy, Istria, Dalmatia, the coasts of present-day Montenegro and Albania as well as numerous islands in the Adriatic and eastern Ionian seas. At the height of its expansion, between the 13th and 16th centuries, it also governed Crete, Cyprus, the Peloponnese, a number of Greek islands, as well as several cities and ports in the eastern Mediterranean.