Data analytics software company Phocas positions for rapid growth in the U.S. and UK with AU$45 million (US$34 million) capital raise
Share this article Share this article SYDNEY, Jan. 28, 2021 /PRNewswire/ -- Australian global data analytics software business Phocas Software announces a AU$45 million (US$34 million) capital raise to accelerate its growth in America and the United Kingdom, expand into new industries and develop its core products. Ellerston Capital led the capital raise with a AU$35 million (US$27 million) equity investment. OneVentures, an existing shareholder who first invested in the company in 2018, provided an additional AU$10 million (US$7 million) equity financing, reinforcing the venture capital fi...