Virtual workforce pioneer raises £21m in IPO

A COMPANY specialising in robotic process automation software which allows customers to save costs by creating a virtual workforce to handle back office, clerical functions has raised £21.1m through a stock market listing on AIM.

The listing gives Newton-le-Willows-based Blue Prism, which has offices in London and in the US, a market capitalisation of around £48.5m.

The company, which has 43 staff, said £10m of the proceeds raised will be used to underwrite its growth plans and provide balance sheet strengt... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...