Bigtincan (ASX:BTH) has successfully raised funds via an institutional placement

Bigtincan Holdings (ASX:BTH) has successfully completed an institutional placement. The raising was completed alongside the recently announced acquisition of ClearSlide, a sales engagement technology platform leader with over 500 customers across three continents. Funds will also be used to support the acquisition integration, working capital and future growth of the company.

Bigtincan is a software company that has developed an AI-powered sales enablement automation platform aimed at achieving improved success of sales and customer satisfaction. The mobile platform solution features the industry’s premier user experience that empowers sales representatives to more effectively engage with customers and prospects and encourages team-wide adoption.

Oaklins’ team in Australia acted as joint lead manager and bookrunner to Bigtincan Holdings.