TMT Investments PLC Investment in KitApps, Inc
23 June 2016 - 6:47PM
RNS Non-Regulatory
TIDMTMT
TMT Investments PLC
23 June 2016
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 +44 1534 281 843
Alexander Selegenev alexander.selegenev@tmtinvestments.com
www.tmtinvestments.com
Kinlan Communications Tel. +44 20 7638 3435
David Hothersall 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
This information is provided by RNS
The company news service from the London Stock Exchange
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June 23, 2016 04:47 ET (08:47 GMT)