Rosslyn Analytics secures £2.1m investment

The fresh capital came from existing investor IQ Capital and new investor Amati Global Investors.

The funding will be used to aid the company's expansion in the US and Europe, and support its plan to IPO in 2014. It is thought the company's listing on AIM next year will value Rosslyn at around £100m.

Company
Rosslyn offers a platform that allows users deeper analysis of their corporate data. The cloud-based solution transfers raw data from multiple systems, such as procurement and supply chain information, into one place where it can be better analysed.

Clients include Aberdeen Asset Management, Clifford Chance and Coca-Cola Enterprises.

Established in 2007, the company is headquartered in London and has a further office in New York.

People
Paul Jourdan is CEO of Amati. Charles Clark is CEO of Rosslyn Analytics.

Advisers
Equity – Cenkos (Corporate finance).

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• Topics
• Expansion
• UK / Ireland
• Technology
• United Kingdom