Analytics upstart AppScatter is planning to float on the London Stock Exchange’s junior Aim market with a value of £41m.

AppScatter, which will announce its intention to list tomorrow, has raised £9m from high-profile backers including Octopus and Legal & General ahead of the flotation. The company has proprietary software that lets users distribute and monitor their apps across hundreds of app stores.

It will use the capital raised through the listing to offer its product to a further 10,000 customers, as well as opening a second office in Berlin in September.