Taylor Wessing advises Trutap on $6.5m fundraising

The Venture Capital Group at Taylor Wessing has advised free mobile phone service Trutap on a $6.5 million second round fundraising.

Taylor Wessing had advised Trutap on a previous funding, with this latest round bringing the total raised to $13 million.

Trutap currently operates in over 200 countries across the world. It is a free mobile service aimed at 18 to 24 year-olds that, for the first time, combines all the elements of a user's social life into one application. This latest funding comes on the heels of its Beta launch at TechCrunch40, in San Francisco and will be used for further service development, team strengthening and marketing activities across key regions.

The Taylor Wessing team advising Trutap was led by top-ranked Corporate Partner, Simon Walker, working alongside Corporate Associate Adrian Rainey.

ENDS

Notes to Editors

For more information please contact Sarah le Cheminant at Taylor Wessing:

Tel: +44 (0)20 7300 4930

Email: s.lecheminant@taylorwessing.com

Taylor Wessing LLP is a leading law firm providing legal support for commercial organisations doing business in Europe. Based in Belgium, France, Germany and the UK, Taylor Wessing provides the full range of legal services to major corporations and growing enterprises. Taylor Wessing boasts a strong reputation in the corporate, finance and real estate sectors alongside in-depth experience across the full range of legal services including intellectual property and technology, tax, litigation & dispute resolution, employment & pensions and private client.

www.taylorwessing.com

About Trutap

trutap is an easy-to-use free mobile service that for the first time, globally, combines all the elements of a young person's social life into one application. With trutap users can easily connect and converse with friends and family, wherever they are, whenever they want. trutap currently operates in over 200 countries across the world and will operate in more shortly.