TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced last week the completion of a new $200,000 investment in San Francisco-based startup KitApps, following a capital injection of the same amount in July last year.
KitApps’ mobile app platform, christened “Attendify,” enables event planners to create customized mobile apps for conferences, tradeshows, exhibitions and other types of events.
“With a focus on boosting attendee engagement, Attendify’s apps deliver a private social networking experience complete with a timeline, photo sharing, messaging and attendee profiles, as well as full event guide functionality,” the fund stated.
Attendify is used by Google, Disney, Philips, Bloomberg, and thousands of event and meeting planners, according to TMT.
Founded in 2010, TMT has raised $28 million and invested in over 25 companies to date. These include software publisher rollApp, self-service video network Virool, mobile advertising network Adinch, online service for publishers Graphicly, and US software publisher Pipedrive.
TMT’s latest investment, in December 2013, went to WeatherMe OÜ, a Tallin, Estonia based startup that develops farm management solution.
