1Spatial has provisionally raised £8.0m (net) via an ABB at 3.75p. The group has identified “Location Master Data Management” (LMDM) as a significant opportunity, validated by the significant contract win with a major UK infrastructure provider announced alongside the fundraise. The proposed raise will allow the group to build a scalable cloud LMDM solution, and ensure it has the necessary balance sheet strength to tender for large contracts with Government and Enterprise customers, both in the ....
27 Jul 2018
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1Spatial Plc (SPA:LON) | 59.5 -1.2 (-3.3%) | Mkt Cap: 66.0m
- Published:
27 Jul 2018 -
Author:
Oliver Knott -
Pages:
3
1Spatial has provisionally raised £8.0m (net) via an ABB at 3.75p. The group has identified “Location Master Data Management” (LMDM) as a significant opportunity, validated by the significant contract win with a major UK infrastructure provider announced alongside the fundraise. The proposed raise will allow the group to build a scalable cloud LMDM solution, and ensure it has the necessary balance sheet strength to tender for large contracts with Government and Enterprise customers, both in the ....