TMT Investments PLC Investment in Vinebox, Inc
May 18 2016 - 2:01AM
RNS Non-Regulatory
TIDMTMT
TMT Investments PLC
18 May 2016
18 May 2016
TMT INVESTMENTS PLC
("TMT" or the "Company")
Investment in Vinebox, Inc.
TMT Investments PLC, which invests in high-growth,
internet-based companies across a variety of sectors, is pleased to
announce the completion of an investment in Vinebox Inc.
(www.getvinebox.com)
Incorporated in Delaware and based in San Francisco, Vinebox
Inc. ("Vinebox") was founded by two former corporate attorneys,
Matt Dukes and Rachel Vodofsky, in 2015. Vinebox is the first
wine-by-the-glass club. Members receive three hand-selected wines
each month, by the glass, with the opportunity to purchase
full-size bottles of their favourites. Every Vinebox tells a story
with tasting notes, pairings, and the people behind the wines.
Vinebox is changing the way people discover, discuss, and drink
wine outside of the restaurant.
Vinebox is first focusing on the US, the world's largest wine
consuming country with over 100 million wine drinkers. In 2015, US
consumers spent US$53 billion on wine. Vinebox believes it is in an
excellent position to capture this market through its new single
serving format, bringing wine by the glass into the home.
Vinebox was founded by Matt Dukes (CEO) and Rachel Vodofsky
(COO). Matt is a former corporate attorney from Latham &
Watkins in New York. Matt holds a JD from Columbia Law School and
an MBA from INSEAD. Rachel Vodofsky is also a former attorney from
New York, with experience in fund management and formation. Rachel
holds a JD from New York University School of Law and a Bachelor's
degree from Duke University.
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 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
END
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