UK-based software company Blue Prism Group PLC plans to secure 100 million pounds ($130.4 million) via private placement offering.
Blue Prism Group will use the funds to accelerate further growth, strengthen its balance sheet, invest in people, product and processes to support the next stage of global growth.
South African lender Investec Bank PLC is acting as financial adviser and sole book-runner in connection with the offering.
In 2017, Blue Prism Group booked $71.9 million in revenue and has a market capitalization of $1 billion prior to the raising.