Canadian software company PDFTron Systems Inc. has raised C$95 million ($71 million) in an investment round to boost its growth.
PDFTron Systems secured the investment from Boston-based private equity firm Silversmith Capital Partners.
In connection with the financing, Silversmith Capital joined PDFTron’s board of directors.
PDFTron Systems will use the net proceeds from the round to expand its research and development and product development resources and to pursue acquisitions in both North America and Europe.