Exton-based Bentley Systems, a global provider of software for infrastructure engineering, has filed with the Securities and Exchange Commission to raise up to $100 million in an initial public offering, according to a report in Geospatial World.

The deal, however, could raise up to $800 million.

Bentley Systems – which provides solutions via on-premise, cloud, and hybrid environments – served more than 34,000 accounts in 2019, and its users engineer, construct, and operate projects and assets across the public works, industrial, and commercial/facilities sectors.

Founded in 1984, the company generated $768 million in revenue for the 12 months ended June 30, 2020. It plans to list on the Nasdaq under the symbol BSY.

Click here to read more about Bentley Systems from Geospatial World.

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