Street Talk

Secure software company ArchTIS raising $8 million

Anthony Macdonald, Yolanda Redrup and Kanika Sood

Nov 10, 2021 – 1.21pm

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Secure collaboration software provider ArchTIS has enlisted Amicaa Advisors to help it raise $8 million to fund the expansion of its document sharing platform Kojensi into the US and UK and for possible M&A activity.

The raise will take the form of a $6.5 million placement for institutional investors, and a $1.5 million share purchase plan, according to the term sheet.

Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies.

Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.