Forbidden raises capital through share placing
Forbidden raises has raised £3m through a share placing, with the money earmarked to boost sales and increase product development.
The shares were sold to institutional and other investors, including existing shareholders.
Chief executive Aziz Musa said: “We are building an increasingly strong pipeline of opportunities and the funds raised will help support our sales ambitions.”
Forbidden Technologies is the developer of cloud editing platform Forscene.
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