The company said the funding – equivalent to 596m Swedish Krona – would support Cint’s strategic transformation plan and growth in key markets, including the US.

Specifically, the funding will support Cint’s shift to a single integrated platform and streamline its operating model.

In addition, the proceeds from the rights issue, which was oversubscribed, will support targeted investments in technology, operations and go-to-market execution, particularly in the US.

Cint has a global workforce of around 800 people based in offices in Stockholm, London, New York, New Orleans, Singapore, Gurgaon and Sydney, among other locations.

“This additional financing is a strong vote of confidence from our shareholders and a catalyst for our next chapter,” said Patrick Comer, chief executive at Cint.

“Our strategy is focused on unifying our technology, strengthening operations and positioning Cint as the most trusted, flexible, and efficient partner in the market.”