CloudCall raises capital for sales, marketing

Writer, Stock Market Wire
Wednesday, January 30, 2019 - 14:56

Customer communication software supplier CloudCall Group launched a share placement to raise at least £2.0m to invest in sales and marketing and strengthen its balance sheet.

New shares would be issued via a bookbuild at no less than 100p each, the company said.

At 2:56pm: (LON:CALL) Cloudcall Group Plc share price was +4p at 113.5p

Related content

CloudCall sees revenues up 30% as user growth, new orders jump

CloudCall said it expected first-half revenues to rise by 30% amid a jump in user growth and new orders. For the year ended 30 June...

Tue, 16/07/2019 - 09:13

CloudCall teams up with Access Group to deliver unified communications services

CloudCall said it would team up with Access Group to deliver unified communications services within the recruitment sector.

Under the agreement, CloudCall's unified communications...

Wed, 12/06/2019 - 07:57

CloudCall wins 'significant' new contract with 'major' US staffing firm

CloudCall said it had won 'significant' new contract with a 'major' US staffing firm, worth a minimum of £1.1m over three years.

Under the agreement,...

Tue, 04/06/2019 - 10:07

CloudCall posts wider annual losses as rising costs and cash-burn bite

CloudCall Group reported wider annual losses as rising revenues were offset by increasing operating costs and cash-burn amid a ramp up in investments.

For 2018,...

Wed, 27/03/2019 - 09:55

CloudCall Group expects half-year revenue, user growth to surge

CloudCall Group said Tuesday it expected that revenue rose 31% in the first half of the year amid surge in user growth.

For the...

Tue, 17/07/2018 - 09:10