Trutap rasies another £3m in funding

Trutap, a recent entrant in the TechCrunch40 competition which markets a social media client software for mobile phones, has raised another £3.23m ($6.5 million) from The Tudor Group and angel investors. The offers software blog posting, IM, group SMS, web photo-sharing and access to existing social networks. Last year it raised £600,000 ($1.2) angel funding, with £3.23m ($6.5m) from Tudor. Total funding is now at £6.45m ($13m).

Trutap – effectively the re-incarnation of Hotxt, the London-based company, whose CEO and co-founder is former Dragons’ Den judge and Cambridge-based angel Doug Richard – will use the funds for further development, marketing and team building.