Kappa IT Ventures adds to team

Venture capital group Kappa IT Ventures has appointed Dr Bettina Strube, Mark Breitfeld and Guido Appenzeller to the firm.

Dr. Strube has been named as principal. Prior to joining Kappa, she was vice president with the Berlin Capital Fund (BCF) responsible for investments in internet related technology, retail, service and media companies.

Mark Breitfeld also joins as a principal. He was most recently chief financial officer of Helibras in San Paolo, a subsidiary of French helicopter manufacturer Eurocopter. Prior to this, he was project leader for mergers & acquisitions at DaimlerChrysler Aerospace where the main focus was investments in high-tech companies.

Guido Appenzeller has been named associate principle. He was previously vice president at Xift, a Silicon Valley start-up in the mobile/wireless space where he was head of European operations.

Kappa IT Ventures was founded in 1998 as transatlantic venture capital group to invest in high growth information technology companies in Europe and the USA. It has close to E135m under management in two funds. The group is the European affiliate of VMSI (formerly AT&T Ventures), the U.S.-based venture capital group. The fund invests in seed, startup, later-stage, and pre-IPO enterprises.