Last checked at 23 Jun 2016 09:47
23 June 2016
TMT INVESTMENTS PLC
("TMT" or the "Company")
Additional investment in Attendify
TMT Investments PLC, which invests in high-growth, internet-based companies across a variety of sectors, is pleased to announce the completion of an additional investment in KitApps, Inc. (www.attendify.com), as part of a US$1,000,000 round led by Digital Future and TMT.
Incorporated in Delaware and based in San Francisco, KitApps, Inc. offers a leading event app platform ("Attendify"), which delivers branded, social-first apps to thousands of meeting and event planners worldwide. Attendify makes it easy for event planners to create an engaging mobile app and dramatically reduces implementation and lead times through an elegant self-service platform. Every Attendify app includes private social networking features that boost attendee participation while simultaneously helping event planners capture data around in-person interactions to help optimize event performance.
Attendify was founded by Michael Balyasny (CEO) and Artem Iaremchuk (COO) and is relied upon by such leading brands as Google, AstraZeneca, Chrysler, Tableau, and AOL to deliver differentiating mobile event experiences.
Attendify will leverage this new round of funding to further accelerate growth and product development.
Alexander Selegenev, Executive Director, commented: "It is our third investment in Attendify, following the US$400,000 originally invested in 2013 and 2014. Attendify is an excellent company with a great product, and we are pleased to support its continuous growth."
For further information contact:
TMT Investments Plc Alexander Selegenev www.tmtinvestments.com
| +44 1534 281 843 alexander.selegenev@tmtinvestments.com
|
Kinlan Communications David Hothersall
| Tel. +44 20 7638 3435 davidh@kinlan.net |
About TMT Investments
TMT Investments PLC invests in high-growth, internet-based companies across a variety of sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has net assets of US$53m and has invested in over 40 companies to date. The company's objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation. The company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com