U.S. software firm Apttus raises $88 million from private investors after delaying IPO



Software maker Apttus has raised more money from private investors, postponing plans for an initial public share offer until next year because of the current uncertainties facing markets, including the U.S. presidential election.
Apttus said on Wednesday it has raised $88 million from investors, nudging its valuation to more than $1.3 billion. The round included new investor Gulf Islamic Investments, a financial services firm based in the United Arab Emirates, and previous investors such as the Kuwait Investment Authority.
The latest round brings Apttus, which makes cloud-based software for... read more

 
29 September 2016 in Science &Technology, Views: 43
Source: Reuters
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